PCA Chief Economist Presents Residential Forecast at IBS
Recent growth in the economy, as well as continued added jobs to the United States workforce have fortified both economic and residential construction growth across the country.
Portland Cement Association (PCA) Chief Economist and Group Vice President Edward Sullivan believes the United States housing market will accelerate in the upcoming year. In addition to sustained growth in multifamily construction, single family construction is expected to strengthen on the back of robust job creation, wage gains, lending standard easement and favorable interest rates.
Find out what this Chicago Federal Reserve-honored economist has to say about today’s residential construction sector, as well as when and what region of the country builders and homeowners can expect a recovery. In addition, representatives from the Federal Emergency Management Agency and Federal Alliance for Safe Homes will share new data on the critical importance of safe rooms for residential properties.
The association will hold a press conference January 20 at 8 am, in the PCA Booth (#C4209) at the Las Vegas Convention Center in Las Vegas. Sullivan will present an economic forecast regarding residential construction that includes immediate expectations and long-term trends.