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The Portland Cement Association (PCA) expects 2013 cement consumption to total nearly 80 million metric tons, a 4.5 percent increase over 2012. Consumption levels are projected to reach 86 million metric tons in 2014, an 8.1 percent year-over-year gain. Roughly half of the growth anticipated for 2014 is expected to come from residential construction activity, where pent-up demand has driven home prices upward over the past year. The commercial and institutional sector will contribute another 25 percent, and the remainder is expected to come from public infrastructure projects. PCA group vice president and chief economist Edward Sullivan believes that roadway construction reached a "trough point" in 2013, and "improving state finances could provide surpluses by 2015 that states can apply to neglected infrastructure spending."
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