Construction Spending Ticks Up in February

The U.S. Census Bureau reported that construction spending during February 2022 was estimated at a seasonally adjusted annual rate of $1,704.4 billion, 0.5% (±0.7%) above the revised January estimate of $1,695.5 billion. The February figure is 11.2% (±1.2%) above the February 2021 estimate of $1,533.3 billion.  During the first two months of this year, construction spending amounted to $237.8 billion,…

Read More

Cement Shipments Rise 5.4% in December

Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in December 2021 were an estimated 8.0 million metric tons (Mt), a 5.4% increase from shipments in December 2020, according to the latest USGS Mineral Industry Survey. Shipments for the year through December totaled an estimated 107 Mt, a 4.2% increase from those in…

Read More

The Cement Industry in Argentina Is Reactivated

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 More