News tagged economist
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Data center construction spending rocketed 28% in the last year
Overall nonresidential construction spending, however, ticked up 0.1% month over month in April, with momentum elsewhere “difficult to find,” said Anirban Basu, ABC chief economist.
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Construction Job Openings Increase Amid "Struggle" to Fill Positions
Layoffs reached lowest number in April since 2022, with labor availability "unlikely to improve in the short term," says ABC economist.
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Construction spending slips again despite data center strength
There aren’t many sources of month-to-month momentum “with the exception of the ongoing boom in data center construction,” said Anirban Basu, ABC chief economist.
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What the Supreme Court tariff ruling means for construction
Near-term relief from the 6-3 court decision could be short-lived and counteracted, said Anirban Basu, chief economist at Associated Builders and Contractors.
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Construction job openings rise to end 2025
Despite an improvement to close the December, fewer construction workers were hired in 2024 and 2025 compared to recent years, according to Anirban Basu, chief economist for ABC.
Resources tagged economist
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The Economist - Getting to zero - The first big energy shock of the green era, 16102021
This article highlights three problems looming large in the energy market that makes the 2050 target of zero carbon emissions that more challenging. Under-investment, Geopolitics, and energy firms buying supplies in an unreliable open system markets. Is a global carbon price the answer and will world leaders attending COP26 consider what subsidies, regulation and legislation are required to truly transition to a net zero position
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The Economist - How to fuel the future
America, under President Donald Trump, is securing its “energy independence” with oil and gas. But unlike fossil fuels, renewables will not increase global warming —and China is moving fast.
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The Economist - Could digital currencies put banks out of business?
Cryptocurrencies like Bitcoin have been billed as a major disruptor to finance. But digital currencies issued by governments might be even more radical—they may even threaten the future of traditional banking.
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The Economist - What is net zero?
More than 50 countries around the world have pledged to become net zero. But what does net zero actually mean—and is it achievable?
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