PCA forecasts 12% drop in cement use

September 2008
Las Vegas Business Press (10712186);9/1/2008, Vol. 25 Issue 35, Special section p7
The article focuses on a 12% decrease in cement consumption and construction activity in the U.S. in 2008, as forecasted by the Portland Cement Association (PCA). The PCA attributes the decrease to increasing unemployment, rising inflation and low consumer confidence. According to PCA chief economist Edward Sullivan, real construction activity is anticipated to decline 9% in 2008, and another 7% in 2009.


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