Business

Basu Still Betting on Recession: CE's 2024 Q3 Construction Economic Update and Forecast Summary
"I have been so surprised that the economy performed this well," ABC Chief Economist Anirban Basu admitted in the recent Q3 Construction Economic Update and Forecast webinar—but he is not a full-fledged optimist yet.
By Grace Calengor
October 11, 2024
Topics
Business
by Grace Calengor
Grace Calengor is senior editor of Construction Executive. Prior to joining ABC in April 2023, she was managing editor of The Zebra Press in Alexandria, Virginia. She graduated from Gustavus Adolphus College in St. Peter, Minnesota, in 2020 with two bachelor’s degrees in English and classics, and a minor in comparative literature.
Related stories
Business

ABC Names 2025-2026 Tech Alliance Members
By ABC
The 2025-2026 members of the ABC Tech Alliance, which helps spur digital innovation across the industry, are revealed.
Business

Construction Materials Prices Up 0.2% in August, Driven by Iron and Steel
By ABC
Things are looking up—construction materials prices, that is, and iron and steel are mainly to blame.
Business

Nonresidential Construction Spending Falls Sharply in July
By ABC
Private nonresidential construction spending declined in July, but the public nonresidential sector saw improvements.