Economic Briefings

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PCA's Market Intelligence Group has periodically released half-hour economic briefings outlining the impacts of COVID-19 on the U.S. economy, with specific focus on cement consumption and construction activity. 


PCA Fall 2023 Cement Outlook

Topics include:

  • Monetary Policy
  • Consumer Cushion
  • Credit Tightness
  • Market Segment Analyses
Click here to download the slides.

PCA Spring 2022 Cement Outlook

Topics include:

  • Covid-19’s Decline and its impact on the cement market
  • Labor Force Growth
  • Ukraine War and Oil Impacts
  • Inflation Threats
  • Growth in Various Markets
Click here to view the presentation and download the slides.

PCA Fall 2021 Cement Outlook

Topics include:

  • Delta Virus Impacts on Economic Activity
  • Supply Side Constraints
  • Labor, Logistics & Product Markets
  • Construction Sector Assessments
  • The Market Intelligence Dashboard
Click here to view the presentation and download the slides.

PCA Summer 2021 Regional U.S. Outlooks

Topics include:

  • Cement consumption and consumption activity outlooks for the West, Central, Northeast, and Southeast U.S. 
  • Discussion of unique regional trends and risks.

Click here to view the presentations and download the slides.


PCA Summer 2021 Cement Outlook

Topics include:

  • Economic Setting
  • Virus Impacts on the Economic Outlook
  • Supply Side Constraints
  • Inflation, Federal Reserve Policy & Interest Rates
  • US Macroeconomic Summary
  • Residential, Nonresidential & Public
  • New Infrastructure
  • Cement Outlook Summary

Click here to view the presentation and download the slides.


Regional U.S. Outlooks - June 2021

Topics include:

  • Cement consumption and consumption activity outlooks for the West, Central, Northeast, and Southeast U.S. 
  • Discussion of unique regional trends and risks.

Click here to view each region's outlook and download the slides.


Cement Outlook Briefing - April 2021

Topics include:

  • Insights into possible changes in the upcoming PCA Regional Forecast for cement consumption at the state level to be released on May 24, 2021. 

Click here to view the presentation and download the slides.


PCA Spring 2021 Cement Outlook

Topics include:

  • Putting the Forecast Into Context: 2020 Performance
  • IHME Covid-19 Projections, Impacts & Risks
  • Evidence of a Strong Recovery…So Far
  • 2021-2023 Macroeconomic, Inflation & Interest Rate Scenario
  • Growth Composition In the Context of Rising Interest Rates
  • The Biden Agenda Face Value: Infrastructure “America’s Jobs Plan”
  • Political Considerations & Alternative Scenarios
  • The Weighted Average Baseline Outlook

Click here to view the presentation and download the slides.


Cement Outlook Briefing - March 2021

Topics include:

  • Impacts of the $1.9 trillion American Rescue Plan Act to the construction sector and cement consumption.

Click here to view the video and download the slides.


Cement Outlook Briefing - February 2021

Topics include:

  • Macroeconomic Data & Covid-19 Relief Impacts
  • IHME Covid-19 Projections
  • The Vaccine Scenario & Achieving Herd Immunity
  • Inflation Threats
  • Winter 2020-2021 Segment Projections

Click here to view the video and download the slides.


Cement Outlook Briefing - January 2021

Topics include:

  • 2020 Cement Consumption Performance
  • Macroeconomic Data & Covid-19 Relief Impacts
  • IHME COVID-19 Projections
  • The Vaccine Scenario & Achieving Herd Immunity
  • Winter 2020-2021 Projections
  • The Biden Agenda: Infrastructure Implications
  • Longer Term Considerations

Click here to view the video and download the slides.


Fall Cement Outlook: Oct. 10, 2020

Topics include:

  • Macroeconomic & COVID-19 Data 
  • Macroeconomic, Construction, and Cement Outlook
  • Longer Term Considerations

Click here to view the video and download the slides.


Briefing #6 - August 27, 2020

Topics include:

  • Recent Covid & Macroeconomic Information.
  • Macroeconomic Outlook Scenarios.
  • Recent Cement Consumption Data & Outlook.
  • Key Risks #1: Ongoing Federal Support
  • Key Risks #2: A Vaccine Scenario

Click here to view the video and download the slides.


Regional Economic Briefing: Western U.S.

Topics Include:

  • Five-Year Cement Consumption Outlook
  • Key Regional Macroeconomic Outlook Assumptions
  • Alternate 'W' Regional Scenario and potential implications
  • Discussion of unique regional trends and risks 

Click here to view the video and download the slides.


Regional Economic Briefing: Northeastern U.S.

Topics Include:

  • Five-Year Cement Consumption Outlook
  • Key Regional Macroeconomic Outlook Assumptions
  • Alternate 'W' Regional Scenario and potential implications
  • Discussion of unique regional trends and risks 

Click here to view the video and download the slides.


Regional Economic Briefing: Southeastern U.S.

Topics Include:

  • Five-Year Cement Consumption Outlook
  • Key Regional Macroeconomic Outlook Assumptions
  • Alternate 'W' Regional Scenario and potential implications
  • Discussion of unique regional trends and risks 

Click here to view the video and download the slides.


Regional Economic Briefing: Central U.S.

Topics Include:

  • West North Central, West South Central Census Divisions
  • Five-Year Cement Consumption Outlook
  • Key Regional Macroeconomic Outlook Assumptions
  • Alternate 'W' Regional Scenario and potential implications
  • Discussion of unique regional trends and risks 

Click here to view the video and download the slides.


Briefing #5 - July 9, 2020

Topics include:

  • CEO Survey & Industry Pulse
  • Recent Macroeconomic Conditions & COVID-19 Information
  • Key Macroeconomic Outlook Assumptions
  • Likely Economic & Cement Consumption Scenarios
  • Longer Term Considerations

Click here to view the video and download the slides.


Briefing #4 - May 28, 2020

Topics include:

  • Recent Macroeconomic Information
  • CEO Survey & Industry Pulse
  • Cement Consumption Data
  • Macroeconomic Two Year Outlook
  • Cement Consumption Two Year Outlook
  • Key Risks #1: State Finances
  • Key Risks #2: The Return of the Virus
  • Longer Term Considerations

Click here to view the video and download the slides.


Briefing #3 - April 30, 2020

Topics include:

  • Macroeconomic conditions
  • The transition from shutdown
  • Near term cement consumption outlook
  • Risks associated with states re-opening

Click here to view the video and download the slides.


Briefing #2 - April 9, 2020

Topics include:

  • Macroeconomic conditions
  • Industry pulse: survey results of cement industry CEOs
  • Preliminary estimates on the downturn in cement consumption
  • What the recovery might look like

Click here to view the video and download the slides.


Briefing #1 - March 26, 2020

Topics include:

  • Macroeconomic conditions
  • Industry pulse
  • Estimates on cement consumption
  • What recovery looks like moving forward

Click here to view the video and download the slides.