U.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 last week at the 67th IEEE-IAS/ACA Cement Conference in Birmingham, Ala.
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Economist Sees No ‘Obvious Driver’ For Cement Growth in 2025
The Market Intelligence team of the newly branded American Cement Association (ACA), formerly Portland Cement Association, projects a third consecutive year of cement shipment declines in 2025, pointing to business and consumer uncertainty, subdued housing markets, weak commercial and waning industrial building activity, plus flat public construction spending levels.
Read MorePCA Brandishes New Identity: American Cement Association
The limitations of a brand rooted in early 19th century intellectual property have compelled a Portland Cement Association name change to American Cement Association (ACA).
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