Moody's Talks - Inside Economics cover image

New Construction and Niche-y Nerds

Moody's Talks - Inside Economics

00:00

The State of the Union for the Construction Trades

The construction industry is a small share of the economy, but it touches everything that we do. There was an incredible amount of momentum building up in the sector over the last few months. That momentum is still there, but it's being countered by weakness and income property types have weakened considerably. And then we start thinking about that extra layer of banking and the stresses in the financial system. So in aggregate, you would say it's kind of holding its own, but there's a lot of cross currents here. It's treading water.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app