PCA’s Sullivan factors Ukraine into revised U.S. construction forecast

Sources: Portland Cement Association, Washington, D.C.; CP staff Portland Cement Association Chief Economist Ed Sullivan cites the potential for a dip in cement consumption and concrete output attributable to the Russia-Ukraine conflict. At a joint luncheon in San Antonio during the PCA and National Ready Mixed Concrete Association 2022 conventions, he offered three scenarios for U.S. shipments through 2024:

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