SMU Community Chat
Community Chat with AGC Chief Economist Ken Simonson
Written by David Schollaert
September 26, 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, Oct. 4, 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 changing material costs, including for steel, might affect that outlook.
We’ll in addition dive into the impact of higher interest rates, the Inflation Reduction Act, and infrastructure spending. To what extent might higher rates slow construction activity? And to what extent might the IRA and infrastructure help to offset that?
Another important topic: labor. We’ve seen labor shortages and widespread strikes – not only at the UAW but across other industries as well. Does that mean skilled workers will remain hard to find for longer than anticipated?
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. Also, Simonson has been chief economist at AGC since 2001 – so he’s seen more than a few construction 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.
David Schollaert
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