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By: Kendall Jones on October 20th, 2020

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ConstructConnect Announces Fall Economic Webcast, Construction & Design Post-Election Outlook: What to Expect in 2021 and Beyond

Chief economists from ConstructConnect, The American Institute of Architects, and The Associated General Contractors of America to discuss the state of the construction industry.

October 20, 2020

CINCINNATI – ConstructConnect, a leading provider of construction information and technology solutions in North America, announced its Fall 2020 Economic Webcast, Construction & Design Post-Election Outlook: What to Expect in 2021 and Beyond. The complimentary webcast—featuring industry-leading chief economists Kermit Baker of The American Institute of Architects (AIA), Ken Simonson of The Associated General Contractors of America (AGC), and Alex Carrick of ConstructConnect—will take place at 2 p.m. EST on Wednesday, November 18, 2020.

The U.S. economy continues its struggle to gain solid footing in the wake of the COVID-19 pandemic and the most contentious election season it has seen in decades.

“The capital spending that accompanies construction activity depends on owners having confidence in the future. Mustering confidence at this time is proving difficult with so many contentious issues stirring the pot. Competing for attention simultaneously are the pandemic, the November election and climate change,” explained Alex Carrick, chief economist for ConstructConnect. “There’s a broader perspective, though, that is most interesting. You and I and all the delegates to our webinar are deeply involved in the decision-making that will provide the source material when economic textbooks are rewritten to cover this extraordinary period.”

The economists will provide an in-depth analysis of where the coronavirus pandemic has left the construction industry and what the results of U.S. elections suggest on our path forward in 2021 and beyond as they answer these pressing questions and more:  

  • While demand for residential construction remains on solid ground, commercial construction continues to recover unevenly—by building use and region. Where are the headwinds? And where are the bright spots ahead?
  • For most commercial building use categories, new construction pipelines have been significantly impacted. Will promises of treatments and a safe vaccine in the new year restore the confidence to build right away?
  • As trade agreements—and disagreements—hang in the balance, what are the implications for building material costs?
  • Will downward pressure on interest rates provide opportunities for new development players?

To take part in the webcast, register here.

AIA members who attend the live broadcast will receive 1.5 AIA CEU learning units. All registered participants will be able to download the presentation slides and view the webcast archive after the live broadcast.

About the American Institute of Architects

Founded in 1857, the American Institute of Architects (AIA) consistently works to create more valuable, healthy, secure, and sustainable buildings, neighborhoods, and communities. Through more than 200 international, state, and local chapters, AIA advocates for public policies that promote economic vitality and public wellbeing. AIA provides members with tools and resources to assist them in their careers and business as well as engaging civic and government leaders and the public to find solutions to pressing issues facing our communities, institutions, nation, and world. Members adhere to a code of ethics and conduct to ensure the highest professional standards. Visit the AIA website at aia.org.

About the Associated General Contractors of America

The Associated General Contractors of America (AGC) is the leading association for the construction industry. AGC represents more than 26,000 firms, including over 6,500 of America’s leading general contractors, and over 9,000 specialty-contracting firms. More than 10,500 service providers and suppliers are also associated with AGC, all through a nationwide network of chapters. Visit the AGC website at agc.org.

About ConstructConnect

ConstructConnect is a leading provider of construction information and technology solutions in North America and is committed to transforming the way the construction industry does business by providing its customers the tools, information, and connections needed to drive their success. ConstructConnect brings the construction industry together with the most complete, accurate, and actionable construction data and tools to drive success in national, regional, and local markets. For more information, visit constructconnect.com.