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Top Construction Economists Deliver Quarterly Economic Update

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Top Construction Economists Deliver Quarterly Economic Update

Leading construction-industry economists to deliver complimentary economic webcast on July 23

On July 23, expert economists from Reed Construction Data (www.reedconstructiondata.com/), the Associated General Contractors (AGC) of America (www.agc.org/) and the American Institute of Architects (www.aia.org/) join forces to host “Turning Points in Construction”, a complimentary webcast sponsored by Georgia-Pacific Dens (www.gpdens.com/) focused on the key factors affecting the recovery of the construction industry.

The webcast will follow chief economists Jim Haughey (Reed Construction Data), Ken Simonson (AGC of America) and Kermit Baker (American Institute of Architects) as they answer tough questions including:

  • When will stimulus spending be enough to stop the construction decline?
  • Will credit stay cheap long enough to permit a good start to the recovery?
  • When will confidence be high enough to sustain a recovery?
  • Is the housing market ready to recover?

Coverage includes a look at current construction activity and forecasts of residential and nonresidential construction activity including the institutional, commercial, industrial and heavy engineering sectors.

“An end to the construction recession about year-end is suggested by recent market reports,” said Jim Haughey, Chief Economist, Reed Construction Data. “As always, the timing of the turnabout will vary over a twelve-month range by project type and region. We expect a variety of restraints stemming from the credit crisis and the response from Washington to keep the recovery subdued.”

The webcast will be broadcast live starting at 2 p.m. (EDT). It is complimentary for all participants; pre-registration is required. Questions from the Internet audience will be accepted during the live webcast, which will also be archived for later viewing. AIA member architects are eligible to receive 1.5 AIA CEU credits for attending this webcast.

Click here for more information or to reserve your space at the July 23 webcast.

About AGC of America
The Associated General Contractors of America (AGC) is the largest and oldest national construction trade association in the United States. AGC represents more than 33,500 firms, including 7,000 of America’s leading general contractors and over 13,000 specialty-contracting firms. Nearly 13,500 service providers and suppliers are associated with AGC through a nationwide network of chapters. Visit the AGC Web site at www.agc.org.

About American Institute of Architects
For over 150 years, members of The American Institute of Architects have worked with each other and their communities to create more valuable, healthy, secure, and sustainable buildings and cityscapes. AIA members have access to the right people, knowledge, and tools to create better design, and through such resources and access, they help clients and communities make their visions real. Visit www.aia.org.

by Reed Construction Data last update:Jul 14, 2009

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