Total shipments of portland and blended cement, including imports, in the United States and Puerto Rico in January 2025 were an estimated 5.73 million metric tons (Mt), a 3.1% decrease from revised shipments in January 2024, according to the most recent USGS Mineral Industry Survey.
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Construction Spending Down, Highways Up in April
According to the U.S. Census Bureau, construction spending during April 2025 was estimated at a seasonally adjusted annual rate of $2,152.4 billion, 0.4% (±0.7%) below the revised March estimate of $2,162.0 billion. The April figure is 0.5% (±1.2%) below the April 2024 estimate of $2,163.2 billion.
Read MoreCement Consumption Predicted to Decline
U.S. cement consumption is expected to decline by 1.6% this year, but a recession prompted by ongoing trade wars is not expected in 2025. The predictions were included in the American Cement Association’s (ACA) Market Intelligence team’s Spring Forecast, released at the 67th IEEE-IAS/ACA Cement Conference in Birmingham, Ala.
Read MoreConstruction Starts Decrease 2% in December
Total construction starts decreased 2% in December to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential building starts grew 2%, nonbuilding starts moved 14% lower, while residential building starts grew 4%.
Read MoreConstruction Spending Unchanged in November; Highways Up
According to the U.S. Census Bureau, construction spending during November 2024 was estimated at a seasonally adjusted annual rate of $2,152.6 billion, virtually unchanged from (±1.0%) the revised October estimate of $2,152.3 billion. The November figure is 3.0% (±1.5%) above the November 2023 estimate of $2,090.7 billion.
Read MoreConstruction Spending Rises in October
Construction spending during October 2024 was estimated at a seasonally adjusted annual rate of $2,174.0 billion, 0.4% (±1.2%) above the revised September estimate of $2,164.7 billion.
Read MoreUSGS: Cement Production Drops in Third Quarter
According to U.S. Geological Survey (USGS) Commodity Specialist Jason Christopher Willett, portland, including blended, cement consumption was estimated to have decreased by 7% in the third quarter of 2024 compared with that of the third quarter of 2023.
Read MoreConstruction Starts Rise 6% in August
Total construction starts rose 6% in August to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Residential starts rose 5%, nonbuilding starts gained 17%, while nonresidential buildings fell 2%.
Read MoreConstruction Spending Flat in August
According to the U.S. Census Bureau, construction spending during August 2024 was estimated at a seasonally adjusted annual rate of $2,131.9 billion, 0.1% (±1.2%) below the revised July estimate of $2,133.9 billion.
Read MoreSatyam Panday of S&P Global Ratings Offers Economics Report
Satyam Panday, chief U.S. and Canada Economist, S&P Global Ratings, said in his Q4 2024 U.S. Economic Outlook, that The Fed looks set to embark on a steady series of interest-rate cuts.
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