Many economic issues caused or worsened by COVID-19 have abated, and will continue to fade, according to ABC’s Chief Economist Anirban Basu.
“Evidence indicates that contractors have had a somewhat easier time filling available positions recently,” Basu said in a statement. “There are also indications that supply chain issues have improved slightly, though the Ukraine/Russia war may create new issues on that front. With demand strong and the supply side of the economy in repair, 2022 is setting up to be a strong year for contractors.”