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Tag: interest rates

Escalating material prices, interest rates cloud 2020 market

July 17, 2018 Concrete News

Source: Associated Builders & Contractors, Washington, D.C.

ABC Chief Economist Anirban Basu tells members in his mid-year outlook that the nonresidential construction sector will remain stable for the second half of 2018, yet warns of a potential economic downturn in 2020, owing to a rapid rise in interest rates and materials prices.

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Concrete Currents2020 market, interest rates, material prices

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