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    Community Chat: Contractors still optimistic, but less so than a year ago

    Written by Stephanie Ritenbaugh


    The construction market is seeing activity from data centers and the energy infrastructure to support them.

    But other factors are dragging the sector down: The Iran war is spiking inflation; tariffs are driving up material costs; and immigration crackdowns are hurting labor.

    Stephanie Ritenbaugh

    Read more from Stephanie Ritenbaugh

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    Join SMU for a Community Chat with AGC Chief Economist Ken Simonson on Oct. 28

    Ken Simonson, chief economist for the Associated General Contractors of America (AGC), will join SMU for a Community Chat webinar on Wednesday, Oct. 28, at 11 a.m. ET. What will we talk about? On the one hand, a steel-intensive data center boom continues to outstrip even the most bullish steel-demand forecasts. On the other hand, some more traditional construction markets are struggling. What happens if the data boom falters?