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Market watch: Track construction’s economic health

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, because construction activity generally lags behind other sectors of the economy.

“It is among the last segments to enter a downturn and among the last to begin to recover,” he told Construction Dive.

That makes tracking the health of related sectors and the economy overall important.

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