Construction projects climbed to a nine-month backlog in August, while employment and spending have “softened." Basu added a continuing workforce shortage will hamper the construction industry next year.
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Anirban Basu, the chief economist for the Associated Builders and Contractors (ABC), said “momentum” is expected to continue through 2020, but advised economic uncertainties require a “wait-and-see” approach. So reports American Survey.
Construction projects climbed to a nine-month backlog in August, while employment and spending have “softened." Basu added a continuing workforce shortage will hamper the construction industry next year.