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By Construction Dive Staff • March 7, 2022
By Construction Dive Staff • March 7, 2022
By Construction Dive Staff • March 7, 2022
By Construction Dive Staff • March 7, 2022
A strong U.S. economy should fend off recession concerns this year, said Ken Simonson, chief economist for Associated General Contractors of America.
About one-third of materials used in U.S. projects are made overseas. A make-it-here push would further raise already high costs.
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About one-third of materials used in U.S. projects are made overseas. A make-it-here push would further raise already high costs.
Explore the Trendline➔
How will construction fare this year? Inflation, a potential recession, supply chain struggles and sky-high labor demands are pushing up against optimism from infrastructure spending, growth in specific sectors and tech advancement. While economists have warned of an impending recession for months, it has yet to arrive. Construction Dive broke down several trends in labor, technology and infrastructure, while testing the hardiness of specific sectors in 2023. Here is a look at what to expect this year:
By Construction Dive staff
