Submitted by Charlesinrichmond t3_yuku40 in rva
sleevieb t1_iwbirpf wrote
I will be shocked if this makes it through the looming recession
Hiltson87 t1_iwd7vx0 wrote
There's a lot of stuff that got shelved coming back up for possible construction right now. Material costs and and availablity are finally stabalizing.
I've done more bidding in the last month than I did in the previous six because most of the material I work with (wood products) have dropped by anywhere from 40-60% in the last six weeks.
Not saying there's not a recession coming, but I don't think construction is going to get hit as hard as usual.
ThatChildNextDoor t1_iwem76j wrote
Also, there's a 12 month lag in terms of the recession catching up to construction.
ThatChildNextDoor t1_iwc0o3c wrote
It will, economic conditions are improving and prices for materials are coming down.
sleevieb t1_iwc4ndj wrote
For now
RefrigeratorRater t1_iwcjgnn wrote
You are correct that someday in the future there will be a recession.
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