PCA Forecasts Moderate Cement Consumption and GDP Growth Annually in Next Two Years
SKOKIE, Ill., Oct. 22, 2019 /PRNewswire/ --The Portland Cement Association (PCA) released its annual Fall Forecast which predicts moderate growth for cement consumption through 2019 and into 2020.
- SKOKIE, Ill., Oct. 22, 2019 /PRNewswire/ --The Portland Cement Association (PCA) released its annual Fall Forecast which predicts moderate growth for cement consumption through 2019 and into 2020.
- PCA Market Intelligence expects cement consumption will grow by 2.4 percent in 2019, 1.7 percent in 2020, and 1.4 percent in 2021.
- PCA forecasts real GDP will grow 2.4 percent this year and weaken in subsequent years to 2.1 percent in 2020 and 1.7 percent in 2021.
- The Portland Cement Association (PCA), founded in 1916, is the premier policy research, education, and market intelligence organization serving America's cement manufacturers.