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Tag: recession

Photo: P&Q Staff

Dodge: Recession avoidable in 2023

December 21, 2022By and

Despite signals that the U.S. is poised for a recession in 2023, Dodge Construction Network’s Richard Branch says there is path to avoid a recession next year.

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If companies need to borrow, they need to borrow – regardless of if the rate is higher than it was yesterday. Photo: Ngampol Thongsai/iStock / Getty Images Plus/Getty Images

How businesses can make sense of rising interest rates

December 15, 2022By

Crest Capital’s Chris Fletcher looks at when the right time is for companies to borrow money in today’s high-stress environment.

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Factors that will drive success in the new year

December 7, 2022By

Douglas Manufacturing’s Paul Ross reflects on the aggregate industry in 2022 and touches on how equipment demand might look in 2023.

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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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Dodge Momentum Index back up in September

October 10, 2022By

The Dodge Momentum Index increased 5.7 percent in September, and it is up 26 percent over the last year.

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ABC: Construction employment up in September

October 10, 2022By

The Associated Builders & Contractors (ABC) says the construction industry gained 19,000 jobs in September, with nonresidential construction adding 13,100.

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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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Recession on the horizon?

August 31, 2022By and

Anirban Basu, chief economist for the Associated Builders & Contractors, says the U.S. is not currently in a recession but believes it will happen at some point.

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Report: Economy, nonresidential construction down in second quarter

July 29, 2022By

The U.S. economy contracted last quarter, and nonresidential spending is down in 10 of the last 11 quarters.

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