S2E7: The State of The Construction Economy in 2024 with Ken Simonson
Episode Links
Episode Description
Today’s guest is Ken Simonson, the Chief Economist for the Associated General Contractors of America, the leading national construction trade association. As Chief Economist, Ken presents vital information about the economy and what it means for construction. Through media interviews, presentations, and his weekly newsletter the Data DIGest, Ken helps contractors make informed decisions in the face of challenging and changing economic times.
In this episode, Ken and Kevin discuss the latest economic trends in construction. Topics include:
How to manage and work around economic trends that are outside of your control (7:00)
The long-term impact of COVID on the lodging, office, and warehouse logistics sectors (11:00)
Pros and cons of the Infrastructure Investment and Jobs Act funding so far (16:30)
Why it's so hard to hire people in construction (21:00)
How immigration and political policy affect construction (27:00)
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About Ken
The Associated General Contractors of America
Ken’s Construction Outlook Presentation
Subscribe to the Data DIGest
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