Business
What Will the 2024 Economy Look Like
ABC Chief Economist Anirban Basu has some thoughts. They're not all bad, but he's still banking on a recession.
By Grace Calengor
December 15, 2023
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
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.