PCA ECONOMIST TRACKS 37% SHIPMENT GAIN OVER 30 MONTHS

摘要

In his latest cement shipment and concrete output forecast, Portland Cement Association Chief Economist Ed Sullivan affirms commencement of a positive trend likely to begin in July: 2010 cement consumption up 5% over 2009, which caps a two-year decline of 38% against 2007 figures, followed by 2011-12 gains of 13.3% and 18.7%. The latter projections represent minor adjustments from Sullivan's forecast entering 2010, yet spell the underpinnings of an industry rebound from a catastrophic business drop recalling the Great Depression.