Business
2020 Construction Economic Forecast
Buoyed by a strong job market, U.S. consumers continue to punch above their lofty weight, and a long-predicted U.S. corporate earnings recession has failed to materialize.
By Anirban Basu
December 3, 2019
Topics
Business
by Anirban Basu
Anirban Basu is chief economist of Associated Builders and Contractors. For more information, visit www.abc.org/economics.
Related stories
Business
Tariffed Construction Materials Prices Rise in May
By ABC
The tariffs are taking effect—and materials prices are reflecting that.
Business
Contractors’ Backlog Falls Sharply in May
By ABC
While ABC's Construction Backlog Indicator fell in May 2025, it is up since this time last year.
Business
The Age of Uncertainty: Monitoring Construction Policy Shifts
By Anirban Basu
By the time this article is read, it may be largely irrelevant. Policy is shifting daily, market volatility is acute and general economic instability is making risky what has generally been a rather strong postpandemic construction marketplace.