Today's Construction Economy Report – Q2 2022
Examining Explosive Inflation and Its Impact on ConstructionBy Tom Sanders
This quarter’s edition highlights the recent phenomenon impacting every industry and citizen in the nation–explosive inflation. Compounding already strained construction supply chains and skilled labor pools, inflationary pressures are challenging construction owners and contractors with difficult decisions. Still, the industry is upbeat; forecasts are for continued spending increases and job growth.
This edition makes an extra effort to highlight forecasts from industry leaders for the rest of 2022. Our focus continues to be on the primary drivers of selling price to owners.
Download and learn more about construction volume, spending, selling prices, market trends, and much more.