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Tag Archives: Alex Carrick
Slowdowns or Growth? What the Construction Industry Faces
The construction industry remains at a crossroads, says Ken Simonson, chief economist at Associated General Contractors (AGC) of America. The economic relief will continue, Simonsen said during a recent webinar entitled U.S. Construction Outlook: Rotation or Retreat. However, the medium- … Continue reading
Economist: U.S. Construction to Grow 4.5 Percent in 2017
ConstructConnect revised its U.S. construction starts growth projection for 2017, according to the firm’s third quarter forecast report. It projects construction starts will grow by 4.5 percent in 2017 compared to 2016. ConstructConnect previously predicted a 4.8-percent increase in its … Continue reading
June Construction Starts Rise at Usual Seasonal Pace
Construction starts in the U.S., excluding residential work, rose 4.2 percent in June compared to May, according ConstructConnect chief economics Alex Carrick. Starts totaled $34 billion, and the percentage rise was on pace seasonally. “Looking ahead, July is the final … Continue reading
Construction Economy Continues Up, But Not Without Challenges
Is construction gaining or waning? That was the question industry economists addressed last week in a spring economic forecast webinar hosted by CMD Group. In terms of the overall U.S. economy, American Institute of Architects (AIA) chief economist Kermit Baker … Continue reading
Stage Set for Employment Cost Increase in Construction Industry
As the U.S. construction industry continues its recovery, the much-discussed labor shortage will continue to change its scope. With that change will also come an increase in pay for workers, according to Associated General Contractors of America (AGC) chief economist … Continue reading
