Contractors Optimistic about 2023 Construction Outlook
Retrieved on:
Wednesday, January 11, 2023
CHARLOTTE, N.C., Jan. 11, 2023 /PRNewswire/ -- Carolinas AGC (CAGC) announces that the construction outlook for 2023 looks to be good! On January 4, AGC of America and Sage released its 2023 National and State Hiring and Business Forecast for Commercial Construction during its annual Construction Hiring & Business Outlook at a virtual media briefing and simultaneous Facebook (facebook.com/AGCA) livestream. Panelists included Steve Sandherr, CEO of AGC of America, Ken Simonson, Chief Economist of AGC of America, Casey Schwager, Former CAGC Board Chair and Division Vice President of King Asphalt, and several others.
Key Points:
- CHARLOTTE, N.C., Jan. 11, 2023 /PRNewswire/ -- Carolinas AGC (CAGC) announces that the construction outlook for 2023 looks to be good!
- On January 4, AGC of America and Sage released its 2023 National and State Hiring and Business Forecast for Commercial Construction during its annual Construction Hiring & Business Outlook at a virtual media briefing and simultaneous Facebook (facebook.com/AGCA) livestream.
- While contractors are optimistic about the construction outlook for 2023, they expect different market conditions for the coming year than what they experienced in 2022.
- Contractors are less optimistic about many private-sector segments than they were a year ago, while their expectations for the public sector market have remained relatively bullish.