Concrete people say the housing sector, one of the hardest-hit construction sectors, is holding back a recovery. “The housing market is definitely not on the way back up,” said Kevin L. Klein, vice president of engineering for slipform-paver producer Gomaco Corp., Ida Grove, Iowa. “I’m thinking it’s still going to be another two to three years.” Gomaco was one of more than 1,000 vendors displaying goods at this year’s annual World of Concrete, held January 18-21 in Las Vegas. In addition to a slow housing recovery, show attendees said, future road and bridge construction remains uncertain. “We are still in the midst of the largest decline in our history,” noted Ed Sullivan, chief economist of Skokie, Ill.-based Portland Cement Association.


Sign in to Comment
To write a comment about this story, please sign in. If this is your first time commenting on this site, you will be required to fill out a brief registration form. Your public username will be the beginning of the email address that you enter into the form (everything before the @ symbol). Other than that, none of the information that you enter will be publically displayed.