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Tag: inflation

Photo: P&Q Staff

Mixed outlook on tap for 2023

November 2, 2022By and

Dodge Construction Network’s Richard Branch says while the economy will likely slow dramatically in 2023, some construction sectors will feel the impact more than others.

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Photo courtesy of Vulcan Materials

Pricing momentum continues for Vulcan in third quarter

November 2, 2022By

Vulcan Materials says its total revenues were up 38 percent in the quarter, with average selling prices up sharply.

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Photo: Zach Mentz

Pricing adjustments boost Cemex in third quarter

October 27, 2022By

Cemex CEO Fernando González says 2022 pricing achievements allowed the company to more than offset inflationary costs in dollar terms.

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PCA Portland Cement Association

PCA: Cement consumption expected to drop in 2023

October 17, 2022By

Due to increasing inflation and interest rates, the Portland Cement Association (PCA) projects a 3.5 percent decline in cement demand in 2023.

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AGC: Data shows construction spending down slightly

October 10, 2022By

The Associated General Contractors of America (AGC) says total construction spending was down a tad in August amid rising interest rates.

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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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