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Tag: inflation

While rising interest rates are driving single-family construction into a recession, multifamily is thriving due to houses becoming more expensive. Photo: william87/iStock / Getty Images Plus /Getty Images

Basu: Economic uncertainty to continue into 2023

September 28, 2022By

While Anirban Basu does not believe the U.S. is in a recession, the Associated Builders & Contractors’ chief economist says one is coming in 2023.

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Photo: P&Q Staff

Inflation’s impact on construction sectors

September 21, 2022By and

Nonresidential, residential and nonbuilding construction are all seeing different responses to stubborn inflation and rising interest rates.

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Photo: P&Q Staff

Economic risks potentially present in 2023

September 7, 2022By and

After a year of growth in 2022, Anirban Basu with the Associated Builders & Contractors says 2023 poses a number of threats to that growth.

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Photo: P&Q Staff

Inflation’s peak still poses problems

September 6, 2022By and

While there is a chance the U.S. has reached peak inflation, Anirban Basu, chief economist for the Associated Builders & Contractors, is unsure when prices will start to come down.

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Photo: P&Q Staff

Forecasting future construction challenges

August 24, 2022By

As the U.S. enters a technical recession, the nation’s long-term construction outlook is positive yet entails a number of headwinds. Anirban Basu of the Associated Builders & Contractors explains.

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2021 aggregate production totals should be favorable once the U.S. Geological Survey presents them in full early in 2022. Photo: P&Q Staff

Assessing the construction materials market right now

August 15, 2022By , and

Despite a series of negative events, FMI Capital Advisors leaders say plenty of positives are in play for construction materials producers.

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AGCA

AGC: Nonresidential construction spending down

August 2, 2022By

The Associated General Contractors of America (AGC) says rising materials prices and labor shortages are offsetting demand for construction.

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Turner Mining Group’s Keaton Turner says all of his company’s employees see the impacts of inflation’s doing. “Whether they feel it or not, they’re asking for pay increases,” he says. Photo: PamElla Lee Photography

How producers, manufacturers are managing inflation

July 26, 2022By

Participants at the 2022 Pit & Quarry Roundtable & Conference discussed the rapidly changing economic environment, exploring best approaches to price increases on a variety of fronts.

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Bond Construction Co.'s Karen Hubacz, chair of the National Stone, Sand & Gravel Association, spoke on how inflation is impacting the aggregate industry during a roundtable of the House Transportation & Infrastructure (T&I) Committee. Photo: NSSGA

Inflation takes center stage at congressional roundtable

July 19, 2022By

Bond Construction Corp.’s Karen Hubacz, chair of the National Stone, Sand & Gravel Association, addressed the House Transportation & Infrastructure Committee on the topic.

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