Tom Burton and guests discuss whether a recession will hit construction. Economists predicted one in 2021 that hasn't arrived by mid-2024. Construction demand and backlogs remain solid, though supply-chain issues could still constrain the sector.
But, you know, there were, there were dozens, if not 100 economists in 2021 who insisted we'd be in a recession by the end of 2021. And now we're half, almost halfway through 2024. And so I don't think that demand, especially, again, on the I can only speak for the construction side, you know, backlogs are still fairly solid. Jobs are still available. I was just in New York City. There's cranes in the air. People are doing big projects and small. So I think supply chain issues are going to hang over us if we don't start doing some things to speed that up a little bit, keep it moving. You know what I mean? No, I think you're right with that.
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