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.