By Mauro Nogarin According to the new financial report published by the Central Bank, the Argentine economy this year will register an increase of 4% if the country closes the agreement with the International Monetary Fund (IMF) to refinance its $45 billion dollar debt. Regarding inflation, one of the main macroeconomic problems that is more difficult to solve, for this…
Read MoreDuring last month’s World of Concrete, held Jan. 18-20 in Las Vegas, Portland Cement Association Senior Vice President and Chief Economist Ed Sullivan previewed his annual economic forecast, with specific focus on the cement industry and the increasing demand for construction materials accelerated by the recently passed infrastructure bill. In particular, Sullivan noted that through November 2021, the U.S. as…
Read MoreThe Portland Cement Association (PCA) Market Intelligence Group’s Senior Vice President and Chief Economist Ed Sullivan presented the association’s annual summer cement market outlook, predicting an increase in cement consumption over the next four years. Cement consumption through June 2021 increased 7.4%, said Sullivan during a webinar presentation of the outlook. However, he noted that as residential construction strength has…
Read MoreThe Portland Cement Association (PCA) Market Intelligence Group released its Spring 2021 Regional Forecasts for the Northeast, Central, West, and Southeast United States. These forecasts cover cement consumption and real put-in-place construction spending.
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