Business
Basu Still Betting on Recession: CE's 2024 Q3 Construction Economic Update and Forecast Summary
"I have been so surprised that the economy performed this well," ABC Chief Economist Anirban Basu admitted in the recent Q3 Construction Economic Update and Forecast webinar—but he is not a full-fledged optimist yet.
By Grace Calengor
October 11, 2024
Topics
Business
by Grace Calengor
Grace Calengor is senior editor of Construction Executive. Prior to joining ABC in April 2023, she was managing editor of The Zebra Press in Alexandria, Virginia. She graduated from Gustavus Adolphus College in St. Peter, Minnesota, in 2020 with two bachelor’s degrees in English and classics, and a minor in comparative literature.
Related stories
Business
Top Three Impacts on Your Project's Critical-Path Method Scheduling
By Michael Pink
Getting your priorities straight is wise advice to follow, especially when working under the constraints of a construction project schedule and budget.
Business
Construction Backlog Indicator Holds Steady in November, Contractor Confidence Surges
By ABC
Contractor confidence remains on an uptick as the construction backlog indicator remains consistent.
Business
Recession No More: 2025 Construction Economic Forecast Yields Positive Outlook
By Grace Calengor
No recession in 2025? Anirban Basu seems optimistic about the state of the construction economy at year's end.