Economic uncertainty and inflation impact construction Sector BY CP STAFF As we begin the new year, there are concerns surrounding the health of the economy and whether a recession is in the near future. Amongst the uncertainty, industry economists have revealed that the impact of high interest rates and inflation is already being felt within the construction sector. “The Federal…
Read MoreFinally. After months of wrangling and tortuous back-and forth, Congress finally passed our big infrastructure bill, and the President signed it. Thank goodness. The Infrastructure Investment and Jobs Act, also known as the IIJA, holds much promise for a nation that had been woefully short on maintaining its transportation, environmental and utility infrastructure. But there is a long history of…
Read MoreSource: Rock Products Magazine Materials groups and allied organizations up and down the construction value chain are hailing the business prospects tied to the Infrastructure Investment and Jobs Act, bound for the White House after passing the U.S. House on November 5. Rock Products staff tracks the money and industry feedback in a full report.
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