Season 2 — Episode 2: Construction Economics and the State of the Industry

Anirban Basu, chairman and CEO at the Sage Policy Group, Inc., joins the podcast and discusses the economic trends and leading indicators that contractors need to watch in order to be successful. Basu, who serves as the chief economist for the Associated Builders and Contractors (ABC) and the Construction Financial Management Association (CFMA) notes that while the short-term outlook for the construction industry remains solid, overall indicators point to a potential slowdown over the next couple of years. Effective cash flow management is critical to enduring a recession, and Basu points to new technologies that maximize efficiencies, boost productivity and replace traditional processes. Hear why he doesn’t see a traditional way out of the skilled labor shortage and why a technological revolution is necessary to fill the gaps and keep contractors productive.

Podcast originally appeared on the Viewpoint blog