MUNSCH & HARDT NEWSROOM

Construction Business OwnerReady for the year ahead of us? It’s sure to be an interesting one. The United States economy is in one of its longest periods of expansion ever, unemployment is low and consumers are spending. Over the past several months, construction economists have fluctuated on their predictions for the year ahead before eventually settling on this: While the construction markets are expected to slow somewhat next year (current numbers are around 1.7% growth, compared to 3.3% in 2019), we aren’t heading into a full-blown recession.

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