The Delta variant of Covid-19 is a cloud over prospects for the development business in 2022 from however with out it might possible be a booming financial system, cautioned Anirban Basu, chief building economist for Marcum, a nationwide accounting and advisory providers agency.
Basu additionally sees inflation as a threat: “Elevated inflation is prone to persist into 2022 as international suppliers proceed to wrestle to maintain up with elevated demand for items and providers. Accordingly, contractors ought to assiduously work contingencies into their contracts to guard themselves from further supplies’ value spikes.”
The newly launched Marcum Industrial Building Index for