Construction industry forecasts are difficult in a “normal year” (remember those?), let alone a year following a global pandemic. The fact that the pandemic is not yet in the rearview mirror coupled with: (1) the election of a new president with very different policies than the prior administration; (2) an apparent partisan logjam in Washington; and (3) general uncertainty about the economy, this “Yogi-ism” is particularly germane. However, having analyzed the more reliable industry forecasts, as well as the anecdotal information available to us, we are sharing our views about what’s ahead in 2021 for the construction industry.
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