Article by:
James Leggate
The construction outlook for 2022 is looking positive, but the industry will face challenges, says Anirban Basu, chief economist for Associated Builders and Contractors and CEO of consulting firm Sage Policy Group.
Basu shared his economic forecast for the industry during a webinar for ABC’s Construction Executive on Dec. 8. The impacts of the Infrastructure Investment and Jobs Act won’t be as immediate as the 2009 infrastructure package, which was focused more on shovel-ready projects to kickstart the economy, but Basu says he expects projects from the new infrastructure package to be released in the third and fourth quarters of 2022. Read home services article full here.
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