Economy

Basu Still Betting on Recession: CE’s 2024 Q3 Construction Economic Update and Forecast Summary

by Grace Calengor | Oct 11, 2024
Business | Economy

"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.

Construction Futures: September 2024 Economic Roundup

by Construction Executive | Sep 23, 2024
Business | Construction Futures | Economy

Let the rate cuts commence! What the Fed's latest lowering means for the industry, plus ABC's latest Construction Confidence Index.

Construction Input Prices Inch Up in August, but Lower Than 1 Year Ago

by ABC | Sep 13, 2024
Business | Economy

Relief may be in sight for contractors, with construction prices down almost a full percentage point over the past year and a promising chance for a rate-drop from the Fed in September.

Nonresidential Construction Spending Dips 0.2% in July

by ABC | Sep 5, 2024
Business | Economy

With construction materials prices going up, correlation may be causation when it comes to construction spending going down in the nonresidential markets.

Construction Materials Prices Increase in July for First Time Since April

by ABC | Sep 4, 2024
Business | Business Development | Economy | Finance

Job openings might be going down, but prices now seem to be going up—for the first time in a quarter. What does that mean for the industry as budget season approaches?

Construction Futures: August 2024 Economic Roundup

by Construction Executive | Sep 3, 2024
Business | Construction Futures | Economy

Construction Futures is ABC's monthly economic roundup for contractors—now published by Construction Executive.

Inflation Flashback: How 2023 Inflation Numbers Are Affecting the Industry in 2024

by Craig Tappel | Jul 31, 2024
Business | Economy

Inflation numbers are statistically cooling this year, but people aren't feeling much relief—and it may be due to last year's lagging effects.

ICYMI: Key Takeaways From Construction Executive’s 2024 Mid-Year Economic Update and Forecast

by Construction Executive | Jul 16, 2024
Business | Economy

Basu explains why 2024 inflation numbers aren't feeling as good as they're looking. Plus—take a sneak peek into the start of 2025 and the possibility of recession.

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Basu Still Betting on Recession: CE’s 2024 Q3 Construction Economic Update and Forecast Summary

Construction Futures: September 2024 Economic Roundup

Construction Input Prices Inch Up in August, but Lower Than 1 Year Ago

Nonresidential Construction Spending Dips 0.2% in July

Construction Materials Prices Increase in July for First Time Since April

Construction Futures: August 2024 Economic Roundup

Inflation Flashback: How 2023 Inflation Numbers Are Affecting the Industry in 2024

ICYMI: Key Takeaways From Construction Executive’s 2024 Mid-Year Economic Update and Forecast

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