Markets

From All Systems Go to a Deep Recession in One Month

The economy has gone from the equivalent of 60 to 0 in the blink of an eye after social distancing directives permeated the nation. To try to understand the magnitude of the crisis, Anirban Basu compares it to previous events and evaluates the significance of events.
By Anirban Basu
May 13, 2020

Related stories

Markets
Construction Futures: July 2025 Economic Roundup Cover Art

Construction Futures: July 2025 Economic Roundup

By Construction Executive
Construction spending is dwindling yet employment is up; materials prices are increasing while backlog is rebounding.
Markets
'It’s Going to All Work Out for America': Anirban Basu on 2025 Mid-Year Construction Economic Forecast Cover Art

'It’s Going to All Work Out for America': Anirban Basu on 2025 Mid-Year Construction Economic Forecast

By Construction Executive
‘Eventually, it’s going to all work out for America,' posited ABC Chief Economist Anirban Basu during Construction Executive's 2025 Mid-Year Construction Economic Update and Forecast webinar.
Markets
June Nonresidential Construction Materials Prices Up 2.5% Year-Over-Year, 43% Since February 2020 Cover Art

June Nonresidential Construction Materials Prices Up 2.5% Year-Over-Year, 43% Since February 2020

By ABC
Construction backlog is back up, but so are input prices for nonresidential construction materials.

Follow us




Subscribe to Our Newsletter

Stay in the know with the latest industry news, technology and our weekly features. Get early access to any CE events and webinars.