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Tag: economists
Business
Contractors optimistic about 2020, predicting growth in all major project types, AGC says
As contractors approach the new year, optimism abounds for 2020’s construction outlook conducted by the Associated General Contractors of America. Any major worries economists may have about the broader economy or specific segments don’t appear to be affecting the construction industry, according to the newly released AGC survey. In survey responses from about 1,000 member […]
December 27, 2019
Construction Equipment
Why it will cost $14,000 more this year to buy a $250,000 machine
After the Federal Reserve increased interest rates to 2.25% in September, it will cost $14,000 more in 2018 to buy a $250,000 machine. Learn more here.
November 29, 2018
Business
Economists hail construction as strongest sector of U.S. economy
With construction spending at a 7-year high, single-family home starts up 19 percent year over year, and hiring at pre-recession highs despite a widespread shortage of skilled workers, it’s no secret within the industry that things have picked back up and then some. And though financial analysts have largely taken a wait-and-see approach before hailing the […]
September 16, 2015
Business
Construction economists: spending on slow upward march, housing has long way to go
There are several pluses and minuses in today’s construction spending front, although the overall picture is trending upwards, agreed three construction economists participating in a Reed Construction Data forecast webinar today. “Construction is growing, but it is growing unevenly,” said Ken Simonson, chief economist for the Associated General Contractors of America. Simonson sees growth in […]
May 10, 2013
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