2min chapter

Moody's Talks - Inside Economics cover image

New Construction and Niche-y Nerds

Moody's Talks - Inside Economics

CHAPTER

The Debt Limit and the Impact on the Construction Trades

Small and medium sized builders are fighting a more difficult to access labor, particularly as construction labor gets pushed towards the bigger projects. So they can't lift their wages the same as a big builder would do. And also you've done some work around the debt limit in what potential scenarios might mean for the construction trades. On the non-reside, there's a lot of obviously verticals there, as you say. It's the push towards fiber and remote work. The increase in vacancy that's resulting in bigger urban centers.

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