National Construction Leader Joseph Natarelli and Chief Construction Economist Anirban Basu examine the current industry landscape for Construction Dive
Construction Dive
By Sebastian Obando
Excerpt:
A new report focused on the U.S. construction landscape highlights a mixed bag of trends for the industry, ranging from the good to the ugly.
For example, inflation and interest rates have been a thorn in the side of contractors and project owners for the past two years. However, the latest consumer price index indicated cooling inflation, sparking optimism among forecasters for at least one interest rate cut before the end of the year.
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