construction economics
Factors affecting the construction industry in 2025
Industry economists are eyeing several factors as they shape their forecasts for next year – including interest rates, inflation, the workforce and the election. Keep Reading
Industry economist shares expectations for nonresidential
Zack Fritz of the Associated Builders & Contractors discusses ongoing demand for data center construction and what’s next for manufacturing, which has been a top performer of late. Keep Reading
How inflation, interest rates have impacted construction
Zack Fritz, economist with the Associated Builders & Contractors, discusses the current state of construction materials prices and how interest rates have influenced the industry. Keep Reading
Economists offer promising industry outlook for fourth quarter, 2025
Three economists discuss what the rest of the year has in store for construction sectors, as well as what the coming year may bring. Keep Reading
Driling Deeper Episode 3: Dirt World Summit, economic update
Another episode of Pit & Quarry’s biweekly podcast is now available, with the magazine’s editors reflecting on their trip to the inaugural Dirt World Summit and more. Keep Reading
Construction’s 2023 performance, 2024 outlook
Ken Simonson, chief economist with the Associated General Contractors of America, looks at what trends emerged in the construction industry in 2023 and how those trends could play out in the coming year. Keep Reading
How construction materials producers are situated for 2023
Describing the 2023 outlook as ‘good’ or ‘bad’ is too simplistic, as performances hinge on a variety of factors. FMI Capital Advisors’ George Reddin, Rob Mineo and Evan Coughlin explain. Keep Reading
Contractors remain cautiously optimistic in 2023
Contractors are upbeat about public funding in 2023, but ongoing labor shortages are still causing concern. Read what economists and contractors expect in the months ahead. Keep Reading
What to expect from the construction market in 2023
While economic pressures are seemingly everywhere, Dodge Construction Network chief economist Richard Branch is optimistic about what next year has in store. Keep Reading