Tag: construction economics


Driling Deeper Episode 3: Dirt World Summit, economic update

December 6, 2023By

Another episode of Pit & Quarry’s biweekly podcast is now available, with the magazine’s editors reflecting on their trip to the inaugural Dirt World Summit and more.

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Photo: P&Q STAFF

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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The production of crushed stone, sand and gravel in the fourth quarter showed signs of softening, according to FMI Capital Advisors. Photo: Diatrezor/iStock / Getty Images Plus/Getty Images

How construction materials producers are situated for 2023

March 21, 2023By , and

Describing the 2023 outlook as ‘good’ or ‘bad’ is too simplistic, as performances hinge on a variety of factors. FMI Capital Advisors’ George Reddin, Rob Mineo and Evan Coughlin explain.

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Photo: Sundry Photography/ iStock / Getty Images Plus/Getty Images

Contractors remain cautiously optimistic in 2023

February 20, 2023By

Contractors are upbeat about public funding in 2023, but ongoing labor shortages are still causing concern. Read what economists and contractors expect in the months ahead.

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levels seen in 2018 and 2019. Photo: halbergman/E+/Getty Images

What to expect from the construction market in 2023

December 14, 2022By

While economic pressures are seemingly everywhere, Dodge Construction Network chief economist Richard Branch is optimistic about what next year has in store.

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Photo: P&Q Staff

Factors that could shift 2022 construction markets one way or another

January 5, 2022By and

Dodge Construction Network is keeping an eye on four things in the new year that could influence construction markets for the better or worse. Chief economist Richard Branch shares the four in a visit with P&Q.

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Dodge Data & Analytics' Richard Branch visits with P&Q's Kevin Yanik to discuss 2021 commercial construction opportunities. Photo: P&Q Staff

Breaking down the changing commercial construction market

December 17, 2020By and

Dodge Data & Analytics chief economist Richard Branch says there may be surprising opportunities ahead within the commercial sector.

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Lile Quarry is currently opening up a new pit in southwest Missouri, marking a new chapter at the operation that falls under owner Jim Lile’s purview. Photo courtesy of Kevin Yanik

Dodge: Economic slowdown to impact construction growth

December 5, 2019By

Dodge Data & Analytics’ chief economist offers a summary of the 2020 Dodge Construction Outlook’s findings.

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The forecast for public works construction remains positive, especially when compared to other construction segments. Photo: iStock.com/Jens_Lambert_Photography

Dodge: Economic slowdown to impact construction growth

November 1, 2019By

Fortunately, one outlier in the equation is public works construction, which Dodge Data & Analytics expects to move 4 percent higher in 2020.

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