Despite signs of growth in parts of the construction market, the U.S. economy is headed for a recession sometime in the next year, according to Anirban Basu, chief economist for Associated Builders and Contractors.
WATCH: 2023 Q1 Construction Economic Update and Forecast
Anirban Basu presented his 2023 Q1 economic update and forecast, predicting that it’s going to get worse before it gets better—recession within the next 12 months, rate cuts by the Federal Reserve—but there will be continued demand for construction services.
People, Planet and Profit
Start with green building, advance to CSR and add in other commitments to giving back and doing better—and you’ve got an environmental, social and governance program. While it might sound like a big-time investment, ESG is something that companies of all sizes can pursue.
What’s Old Is New
A sustainability retrofit is extending the useful life of a 50-year-old rental complex by slashing its energy consumption and boosting its energy resiliency.
Pay Attention to Details in the Infrastructure Investment Act
Understanding Buy America requirements is key to managing federally funded projects.
Industrial Revolution: ABC’s 2023 Contractor of the Year
Performance Contractors started out as a small team working on small projects. Today, the Baton Rouge–based industrial contractor is a $1.5-billion company, a merit-shop success story—and the ABC 2023 Contractor of the Year.
Cold Hard Facts
The ancient Romans were masters of engineering, constructing vast networks of roads, aqueducts, ports and buildings whose remains have survived for two millennia. Many of these structures were built with concrete. Rome’s famed Pantheon, which [...]
Closeout: Arch Support
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