Cement consumption will rise by 5.2% this year, aided by federal stimulus spending, according to Portland Cement Association’s chief economist, Ed Sullivan. He gave a 2010-14 forecast on Feb. 2 at the World of Concrete show in Las Vegas. Related Links: Moods and Masons Rise At Annual Concrete Show Last year’s administrative delays releasing American Recovery and Reinvestment Act funds will result in a $22-billion federal spending surge this year, including more money for street and highway construction, which account for 30% of all cement consumption, Sullivan said. But the first half of 2010 will be “slow and tepid,” he
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.