Construction Outlook for ’24: Forbidding or Reason for Cheer?

Construction is in transition. A slowing economy and rising interest rates are threatening private investment. But growth in manufacturing, power, and infrastructure investment may outweigh any decline in income-producing properties. Ken Simonson, chief economist for AGC of America, will offer his fearless forecasts regarding the conflicting trends in demand for projects, materials costs, and labor availability.
Learning Objectives:
- Discover current trends in the construction industry
- Understand how rising interest rates are affecting current and future projects and projected projects
- Learn how manufacturing, power, and infrastructure may counteract industry declines
- New and developing changes in construction practices and how they affect current/future projects