The Florida market is instructional. The sunshine state?EUR??,,????'???s cement consumption during 2003-2005 was exaggerated by the past housing boom and mortgage lending excesses and the cement numbers are now correcting. PCA expects housing construction in Florida to continue to decline through 2008 and 2009. PCA believes Florida?EUR??,,????'???s economy has already entered a recession or soon will and that the housing and general economic slowdown will spread to nonresidential and public construction this year and next and adversely affect cement consumption.

PCA expects cement capacity in Florida to increase by 3.9 million metric tons by 2010.