U.S. Construction & Cement Outlook: 2006 NIRMMA February 6, 2006 Delray Beach, Florida Edward J. Sullivan Staff Vice President and PCA Chief Economist.

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Presentation transcript:

U.S. Construction & Cement Outlook: 2006 NIRMMA February 6, 2006 Delray Beach, Florida Edward J. Sullivan Staff Vice President and PCA Chief Economist

Anatomy of Growth: Illinois 2001 Total MMT Residential.829 MMT : (20%) Nonresidential.649 MMT: 16%) Public MMT: (64%) 2005 Total MMT (0.0%,2005) Residential MMT : (27%) Nonresidential.588 MMT: (14%) Public MMT: (58%) 2009 Total MMT Residential.963 MMT : (21%) Nonresidential MMT: (17%) Public MMT: (62%) MMT MMT MMT MMT MMT MMT.207 MMT.441 MMT

Key Points of Analysis U.S. Economic Outlook Construction Outlook Cement Outlook Residential Nonresidential Public Demand Operating Conditions Demographic Outlook

Economic Outlook:

Real GSP Growth: Illinois Annual Percent Change U.S.

U.S. & Regional Demographic Outlook

US Population Thousands of Persons US Population Adds Roughly 40 million People by 2020 …and 8 million by 2007

Demographics & Connection to Construction Activity: Population Adds 14 Million Persons Population Adds 14 Million Persons Adds 420,000 School Age Persons Adds 420,000 School Age Persons Education Construction Education Construction Adds 3.2 Million Retirement Age Persons Adds 3.2 Million Retirement Age Persons Medical Medical Adds 4.7 Million Households Adds 4.7 Million Households Housing, Retail & Infrastructure. Housing, Retail & Infrastructure.

Population Growth Rate: Illinois Annual Growth Rate United States

Net Migration Growth: Illinois (000) Persons

Demographics : Illinois Population Adds 270,000 Persons Population Adds 270,000 Persons Addition of 13,000 School Age Persons Addition of 13,000 School Age Persons Education Construction Education Construction Adds 64,000 Retirement Age Persons Adds 64,000 Retirement Age Persons Medical Medical Adds 141,000 Households Adds 141,000 Households Housing, Retail & Infrastructure. Housing, Retail & Infrastructure.

Population Share of Total US: Illinois Share of Total United States, %

Cement Per Capita: Illinois Cement Tons Per Thousand Persons, Based on Average

Demographics Only: Illinois Tons Added Annually Due to Expanding Population Total Population Change X Constant Five Year Average Cement Per Capita

Construction & Cement Outlook Overview

Single Family Construction: Illinois Permits # of units

Multi-Family Construction: Illinois Permits # of units

Home Appreciation: Illinois Annual Percent Change

Ratio of Home Prices to Income: Illinois Annual Growth Rate Comparison 20 Year U.S. Average

Residential Cement Consumption: Illinois Metric Tons

Nonresidential Cement Consumption: Illinois Metric Tons

Public Cement Consumption: Illinois Metric Tons

Cement Outlook: Illinois Metric Tons