Business
Economic Forecasts Cast Doubt on an Optimistic Industry
Bumps may be ahead with inflation and recession, but long-term forecasts for construction remain positive.
By Daniel Gray
July 5, 2022
Topics
Business
by Daniel Gray
Daniel Gray is a Construction Finance Writer for Levelset, a construction software company. He studies industry trends to create content that serves Levelset's mission to help everyone in construction get paid what they earn. With a background in both education and construction, Daniel delivers insights and knowledge to help construction companies of all sizes grow.
Related stories
Business
Tariffed Construction Materials Prices Rise in May
By ABC
The tariffs are taking effect—and materials prices are reflecting that.
Business
Contractors’ Backlog Falls Sharply in May
By ABC
While ABC's Construction Backlog Indicator fell in May 2025, it is up since this time last year.
Business
The Age of Uncertainty: Monitoring Construction Policy Shifts
By Anirban Basu
By the time this article is read, it may be largely irrelevant. Policy is shifting daily, market volatility is acute and general economic instability is making risky what has generally been a rather strong postpandemic construction marketplace.