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CURT is pleased to share this economic report from Zack Fritz, coauthor of the Sage Economics newsletter, COO at Sage Policy Group, which covers tariffs and their potential impact on consumers, energy, construction, manufacturing, and more. For regular updates, commentary, and deep dives into the most important topics of the day, subscribe to Zack Fritz …

After a year of stabilization, the construction industry in the U.S. and Canada is positioned for success in 2024, thanks to strong demand and as the normalization of supply chains and material prices continues. JLL’s new U.S. and Canada Construction Trends 2024 report explores the opportunities and challenges facing the construction industry in the coming year.

Despite interest rate, inflation, supply-chain, and labor-related headwinds, construction operators across the industry have recently benefitted from declining costs (including fuel and energy) combined with still-effective price increases implemented over the past several months. The increased profitability is supported by record public-sector spending on new construction projects over the next five-plus years, resulting in strong …