PCA projects minor 2020-21 shipment drops, or gain, under two recovery models

Sources: Portland Cement Association, Skokie, Ill.; CP staff

Portland Cement Association Chief Economist and Senior Vice President Ed Sullivan offers two U.S. cement consumption scenarios around “U” or “W” shaped economic recovery curves, with respective 2020 and 2021 figures of -3.4 percent or +1.7 percent and -4.8 percent and -2.7 percent—this year’s projections measured against 2019 shipments.

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Asphalt cost escalator provisions tax state transportation budgets

Sources: Portland Cement Association, Skokie, Ill.; CP staff

Beyond fuel and transportation, rising oil prices directly impact street and highway building and maintenance costs, compounding the hundreds of millions of dollars states lose due to outdated bidding policies that favor petroleum-based asphalt over other paving materials.

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