Cement News tagged under: construction sector

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Lower interest rates to benefit construction (USA)

15 October 2024, Published under Cement News

Ed Sullivan, the chief economist and senior vice president of market intelligence for the Portland Cement Association (PCA), representing the USA's cement manufacturers, says the Federal Reserve's recent move to lower interest rates, coupled with an ease in inflation, signals a signicant retreat by the end of next year. This should all benefit construction activity. At PCA's annual fall meeting last week (Aurora, Colorado), Sullivan shared the industry's 2025 economic forecast with cement co...