December 1, 2018
Construction Accounting & Taxation published the latest column from Construction Leader Joseph Natarelli and Chief Construction Economist Anirban Basu in the November-December issue, about the cyclical nature of construction input prices.
Construction Accounting & Taxation
By Joseph Natarelli, National Construction Industry Group Leader & Anirban Basu, Chief Construction Economist
Excerpt:
Sometimes the impact of higher input prices is a combination of higher output prices and shrunken margins…However, it is also important to remember that construction spending is still rising, that trade tensions persist, and that asset prices have buckled on a number of occasions during the current business cycle only to bounce back with tremendous vigor.
