SMU Community Chat
Register for March 22 Community Chat With AGC'S Ken Simonson
Written by Michael Cowden
March 7, 2023
Ken Simonson, chief economist for The Associated General Contractors of America (AGC), will be the featured speaker on the next SMU Community Chat webinar on Wednesday, March 22, at 11 a.m. ET.
The live webinar is free. A recording will be available free to SMU members. You can register here.
We’ll talk about the outlook for construction, a key end market for steel. We’ll discuss how higher material costs, including for steel, might affect that outlook.
We’ll also discuss the impact of higher interest rates and infrastructure spending. Will higher rates slow construction activity? And will infrastructure spending result in better demand for your products in 2H 2023 and heading into 2024 – or is it more of a long-term trend?
Another important topic: the ongoing labor shortage. We’ve all seen the headlines about tech layoffs. Could some of those coders be trained to use tools? Because skilled workers remain in short supply – and the situation doesn’t look like it’s going to get better anytime soon.
And we’ll of course take your questions too.
Simonson is in a good position to answer them because AGC is the leading association for the construction industry, with more than 27,000 member firms across a range of markets. And Simonson has been chief economist at AGC since 2001 – which means he’s seen his share of market cycles.
As always, we’ll keep it to about 45 minutes. You can drop in, learn something – and then get on with your day.
PS – If you’d like to see past Community Chat webinars, you can find those here.
By Michael Cowden, michael@steelmarketupdate.com

Michael Cowden
Read more from Michael CowdenLatest in SMU Community Chat

SMU Community Chat: Tariffs disrupt US ‘business as usual’
Reporting and enforcing steel tariffs are two top–of-mind concerns for US manufacturers, the US Customs and Border Protection agency, importers, and others across the supply chain.

SMU Community Chat replay now available
The latest SMU Community Chat webinar reply featuring Lewis Leibowitz, trade attorney and SMU columnist, is now available on our website to all members.

Join SMU for a Community Chat with trade attorney Lewis Leibowitz on Aug. 13
Veteran trade attorney Lewis Leibowitz will join SMU for a Community Chat on Wednesday, Aug. 13, at 11 am ET.

Trump exempts Brazilian pig iron, iron ore ahead of deadline, 10% tariff remains
The Trump administration has exempted Brazilian pig iron and iron ore from an aggressive "reciprocal" tariff ahead of the Aug. 1 deadline.

SMU Community Chat: Tariff-induced panic purchases, inflation, and calculating costs
Chief executive of the Institute for Supply Management (ISM), Tom Derry highlighted how reactive buying behavior has shifted the market into a quiet demand period. Derry presented ISM data during the weekly SMU community chat.