Bryan Furnacel & Lawson Rudisill – November 15, 2024 — Equipment World
Now that the dust has settled from the presidential election, what can contractors expect going forward for the construction economy under the Trump administration?
To answer that question and more, Ken Simonson, chief economist for the Associated General Contractors, gives us an overview of what to expect, what to look for and where there may be some opportunities, on this episode of The Dirt.
Simonson reports that contractors are showing a combination of more optimism yet more uncertainty from the Trump election victory.
Key areas of optimism include regulations and taxes, while concerns over the effects of higher tariffs and tougher immigration policy loom in the distance.
So, check out the latest episode of The Dirt where Simonson gives us an insightful look at what could be in store for construction – including infrastructure, material prices and labor – and what contractors should keep in mind as we undergo the presidential transition and should expect in 2025.
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