economic trends
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
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
Recession avoidable, vulnerabilities remain
Associated General Contractors of America’s chief economist Ken Simonson says the U.S. will likely avoid a recession in 2024, but ongoing worldwide concerns need to be monitored. Keep Reading
Economic risks potentially present in 2023
After a year of growth in 2022, Anirban Basu with the Associated Builders & Contractors says 2023 poses a number of threats to that growth. Keep Reading
Recession on the horizon?
Anirban Basu, chief economist for the Associated Builders & Contractors, says the U.S. is not currently in a recession but believes it will happen at some point. Keep Reading
An end-of-year visit with P&Q’s aggregate forecaster
What general economic trends or events are influencing the aggregate forecast of SC Market Analytics’ David Chereb for 2021 and beyond? P&Q pays Chereb a video visit to find out. Keep Reading
Cemex hosts first building-materials forum
Cemex hosted nearly 70 customers at its first-ever building-materials forum last week in Scottsdale, Arizona. Keep Reading
Nonresidential, nonbuilding construction down
New construction starts in November fell 11 percent from the previous month, according to McGraw Hill Construction. The downturn followed heightened activity in October, which, according to the firm, showed the strongest pace for construction starts during 2013. Both nonresidential… Keep Reading
2014 State of the Industry
The industry is optimistic heading into the new year, and efforts are underway to lobby for an improved highway bill. Although the divide between the nation’s infrastructure needs and the funds available continues to widen, the overall economy is continuing… Keep Reading
