Road to Prosperity

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Construction’s 2023 performance, 2024 outlook

November 21, 2023By and

Ken Simonson, chief economist with the Associated General Contractors of America, looks at what trends emerged in the construction industry in 2023 and how those trends could play out in the coming year.

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Recession avoidable, vulnerabilities remain

November 13, 2023By and

Associated General Contractors of America’s chief economist Ken Simonson says the U.S. will likely avoid a recession in 2024, but ongoing worldwide concerns need to be monitored.

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AGC: More interest rate hikes likely

November 8, 2023By and

While the Federal Reserve opted to not raise interest rates in September, Ken Simonson with the Associated General Contractors of America foresees additional increases early in 2024.

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How residential, nonresidential construction is faring

September 21, 2023By and

FMI Capital Advisors’ George Reddin and Rob Mineo characterize what’s been happening in these key construction markets.

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Operating in a ‘hyperinflationary environment’

September 20, 2023By and

BMC Enterprises CEO Nathan McKean discusses the impacts of the ‘hyperinflationary environment’ and how his company has managed and controlled costs.

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FMI leaders discuss the flow of IIJA funds

September 12, 2023By and

FMI Capital Advisors’ Rob Mineo and George Reddin offer an update on Infrastructure Investment & Jobs Act (IIJA) funding, what held up their flow and what the market can expect in 2024.

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How IIJA funds are flowing thus far

September 6, 2023By and

BMC Enterprises’ Nathan McKean shares his experience with Infrastructure Investment & Jobs Act (IIJA) projects while offering an outlook for residential and nonresidential construction.

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What’s happening with construction materials M&A

August 29, 2023By and

FMI Capital Advisors’ George Reddin and Rob Mineo discuss what’s been happening in the M&A market and what to expect in the coming months.

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BMC CEO talks M&A, construction market dynamics

August 23, 2023By and

BMC Enterprises’ Nathan McKean shares his assessment of the merger and acquisition (M&A) environment while detailing how his outlooks on residential, commercial and industrial have changed in the last 12 months.

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