Leading economist: US economy to weaken in first half of 2024
24 January 2024
Ed Sullivan, a leading economist for the concrete and construction industries, spoke about the Portland Cement Association’s 2024 financial forecast, predicting a temporary downturn in the first half of this year, followed by recovery in the second half and, importantly, no sign of a recession. Here are some highlights from the press conference held at World of Concrete in Las Vegas on Jan. 23.
The US economy will gradually weaken during the first half of 2024, but will likely recover slowly in the second half.
That’s according to Ed Sullivan, chief economist and senior vice president of market intelligence for the Portland Cement Association (PCA), who presented the association’s annual forecast at World of…
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