Tag: construction economic


Construction Wages Grow at Fastest Rate in Decades Despite Recession Threat

October 12, 2022

Via: ENR

Contractors are continuing to hire as they operate at capacity, but a potential recession could impact the economy next year, said Anirban Basu, chief economist for Associated Builders and Contractors. “I think we’re headed for recession in 2023, and I […]


Construction’s labor, economic numbers begin to show cracks

July 7, 2022

Via: Construction Dive

Despite the positive year-over-year comparisons, economists said the numbers are beginning to make real the specter of a recession that’s hung over the market for months. “Signs of economic slowing have become more pervasive over the last several weeks and […]

Construction Processes, Financial, Interaction of Expertise

Market watch: Track construction’s economic health

October 3, 2019

Via: Construction Dive

Industry experts, economists and construction executives rely on a long list of economic indicators to help them forecast the future of the business. But predicting what’s on the horizon is tricky, said Associated Builders and Contractors chief economist Anirban Basu, […]