Post-election uncertainty, slower growth compel minor PCA forecast adjustment
- Published: Thursday, 08 December 2016 11:03
- Written by Concrete News
Source: Portland Cement Association, Skokie, Ill.
U.S. cement consumption is on track to see 2.7 percent growth in 2016 versus the 4 percent increase PCA projected earlier this year. The association has also revised its 2017 U.S. cement consumption growth forecast from 4.2 percent to 3.1 percent, owing to the negative pressure of post-election political uncertainty, inflation and slower construction activity.