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Economic Update: Tough Transition to Post-COVID Economy Ahead for Construction

data: U.S. Census Bureau, table: Sage Policy Group Improving COVID-19 statistics are generally good for the economy. As the second quarter of 2021 rolled out, ConstructionExecutive.com produced an economic-update webinar in which Anirban Basu, economist with the Sage Policy Group, celebrated the U.S. economy’s demonstration of dramatic recuperative power. He also warned that the gradual transition to a post-pandemic economy is misaligning supply and demand at multiple levels of construction in a way that will likely push full recovery of large segments of the industry out to 2022. “For an economy to flourish both the demand and supply sides of the economy must participate. With the federal stimulus coming, demand gets a boost. But supply will be constrained by ongoing lock-down measures not just in America, but in Canada, in South Africa, in Ireland and England, Italy, Spain and Portugal,” says Basu. “So the result in the near term is that the U.S. savings rat

Despite pandemic, business startups are booming in Maryland

Despite pandemic, business startups are booming in Maryland
marylandreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marylandreporter.com Daily Mail and Mail on Sunday newspapers.

Page A1 | e-Edition | cecildaily com

Page A1 | e-Edition | cecildaily com
cecildaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cecildaily.com Daily Mail and Mail on Sunday newspapers.

Economist: Great Wolf Lodge expansion a massive fiscal gain for Perryville

PERRYVILLE — Adding 250 more rooms to the Great Wolf Lodge resort planned for Chesapeake Overlook Parkway means more jobs for construction, more jobs to operate the entertainment venue, and more overall revenue for the town, the county and the state according to Anirban Basu, chairman and CEO of the Sage Policy Group, Inc. In a presentation to the Perryville mayor and commissioners Tuesday night, Basu compared the extensions of the project to what Sage had studied in a 2019 Economic Impact Study. “We were asked to update our findings based on this meaningful increase,” Basu said in introducing the revision. What had been an $18 million fiscal impact for Perryville has now grown to $25 million, according to the Sage Policy Group report.

Meet the Daily Record s Power 100 – Maryland Daily Record

Meet the Daily Record s Power 100 – Maryland Daily Record
thedailyrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailyrecord.com Daily Mail and Mail on Sunday newspapers.

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