One of the top economists in the industry is stepping down. Ed Sullivan, senior vice president of market intelligence and chief economist, announced his resignation from the Portland Cement Association (PCA), effective March 1.
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During the Portland Cement Association’s Fall Meeting, the association’s chief economist and senior vice president of market intelligence shared the industry’s economic forecast for 2025.
Read MoreIn his first widely available briefing since early March, Portland Cement Association (PCA) Chief Economist and Senior Vice President Ed Sullivan offered two U.S. cement consumption outlooks based on U- or W-shaped economic recovery curves. A U-shaped recovery will see 2020 and 2021 figures of -3.4% or +1.7%, while a W-shaped model will see declines of -4.8% and -2.7%.
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