Today's Construction Economy Report – Q2 2022

Examining Explosive Inflation and Its Impact on Construction

By Tom Sanders

Chief Economist

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.

Download the report

Meet the author

Tom Sanders

Chief Economist

Tom Sanders is the lead economist for MOCA Systems, Inc., a leading owner’s representative firm providing program and project management services. Tom provides independent market analyses for military construction projects. He is a retired USAF Reserve Colonel with 30 years of service.