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
Energy Prices Drive Construction Materials Costs 0.3% Higher in October
By ABC
High energy prices are driving a slight surge in construction materials prices, but overall numbers remain lower than they were this time last year.
Business
ABC’s Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated
By ABC
Backlog is down in October, but don't be fooled—this dip is consistent with October 2023, and contractors remain confident.
Business
Peer to Peer: Comparing Construction Company Metrics
By Michael McLin
“If your friends did that, would you do it too?” Well-meaning parents have repeated this trouble-stopping phrase for decades. But when it comes to evaluating your construction business’ success, measuring against your peers might not be such a bad idea after all.