By Ed Sullivan All forecasts contain risk that can originate from the data used, the process of calculations, the assumptions, or a combination of each element. Indeed, an infinite number of alternative scenarios to the Baseline Scenario exists, and each materializes with even small changes in assumptions.
Read MoreTotal construction starts were down 9% in April to a seasonally adjusted annual rate of $1.03 trillion, according to Dodge Construction Network. Nonresidential building starts declined 3%, residential starts fell 4%, while nonbuilding starts decreased 22%.
Read MoreTotal shipments of portland and blended cement, including imports, in the United States and Puerto Rico in January 2025 were an estimated 5.73 million metric tons (Mt), a 3.1% decrease from revised shipments in January 2024, according to the most recent USGS Mineral Industry Survey.
Read MoreAccording to the U.S. Census Bureau, construction spending during April 2025 was estimated at a seasonally adjusted annual rate of $2,152.4 billion, 0.4% (±0.7%) below the revised March estimate of $2,162.0 billion. The April figure is 0.5% (±1.2%) below the April 2024 estimate of $2,163.2 billion.
Read MoreU.S. cement consumption is expected to decline by 1.6% this year, but a recession prompted by ongoing trade wars is not expected in 2025. The predictions were included in the American Cement Association’s (ACA) Market Intelligence team’s Spring Forecast, released at the 67th IEEE-IAS/ACA Cement Conference in Birmingham, Ala.
Read MoreTotal construction starts decreased 2% in December to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential building starts grew 2%, nonbuilding starts moved 14% lower, while residential building starts grew 4%.
Read MoreAccording to the U.S. Census Bureau, construction spending during November 2024 was estimated at a seasonally adjusted annual rate of $2,152.6 billion, virtually unchanged from (±1.0%) the revised October estimate of $2,152.3 billion. The November figure is 3.0% (±1.5%) above the November 2023 estimate of $2,090.7 billion.
Read MoreConstruction spending during October 2024 was estimated at a seasonally adjusted annual rate of $2,174.0 billion, 0.4% (±1.2%) above the revised September estimate of $2,164.7 billion.
Read MoreAccording to U.S. Geological Survey (USGS) Commodity Specialist Jason Christopher Willett, portland, including blended, cement consumption was estimated to have decreased by 7% in the third quarter of 2024 compared with that of the third quarter of 2023.
Read More
Total construction starts rose 6% in August to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Residential starts rose 5%, nonbuilding starts gained 17%, while nonresidential buildings fell 2%.
Read More