Positive US growth forecast

摘要

The Portland Cement Association (PCA) chief economist and new president Ed Sullivan projected a positive outlook for the US construction market in the second half of 2013. He said housing starts would reach 954,000 units this year with the possibility of surpassing 1.1 million units by 2014. Speaking during the World of Concrete exhibition, Mr Sullivan noted the first two quarters of the year could show declines compared to the same period in 2012. "About seven or eight years ago, we were among the first to call for a crash in housing," he said, "which was based on our understanding of the underpinnings of the economy. I strayed from the herd then, and I am going stray from the herd again.