CHICAGO—An expanding economy will continue to drive up the use of cement in the US, but several factors, including the fall in oil prices, caused the rate of growth in 2015 to fall short of expectations, and should also act as a drag on growth for the next two years, according to a new report from the Portland Cement Association.
Based in Washington, DC, with offices in Skokie, IL, a suburb of Chicago, the PCA represents American cement companies. It conducts market development, engineering, research, education, and public affairs programs.
The association expects that the US cement market will record a 3.5% gain in 2015, followed by larger rates of growth in 2016 and 2017, 5% and 5.7%, respectively. At the end of last year, PCA found that cement use had grown 8.2% in 2014, and forecast that 2015 and 2016 would see similar rates of growth.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
