Episode 45: Midyear economic update with Dodge Construction Network's Eric Gaus

Eric Gaus, chief economist of Dodge Construction Network, joins the show to give an update on the economy and the construction industry midway through 2025, as well as a look ahead to the second half of the year.

Gaus offers insights into the economy as a whole, including the impact headwinds such as tariffs and interest rates have had, how the construction industry has fared through the first six months of the year and the current state of the industry workforce.

Also in this episode, Gaus breaks down the performance of the nonresidential, residential and nonbuilding subsectors. Additionally, he gives an update on funding from the Infrastructure Investment & Jobs Act and if another infrastructure bill might be on the horizon.

Finally, Gaus offers contractors, developers and investors advice as they plan for the rest of 2025 and 2026. 

__________________________________________________________________________________________

Thank you to our show sponsor, Kemper Equipment.

EastRock Solutions is now part of the Kemper Group – and together, they’re raising the bar on parts availability, equipment solutions and turnkey plant design. From the pit to the stockpile, Kemper Group has got your operation covered. 

 To learn more, visit kemperequipment.com or call (610)-273-2066.

__________________________________________________________________________________________

For 108 years, Pit & Quarry magazine has been the premier monthly aggregate processing information source. Through multiple platforms, we deliver the very latest in equipment and technology news and information that is critical for safely achieving the highest level of efficiency and profitability. Editors Kevin Yanik and Jack Kopanski cover the market in print, online and through e-newsletters. As respected industry insiders, they moderate the annual Pit & Quarry Roundtable & Conference and speak at industry conferences and meetings.

Follow us on Twitter, Facebook, LinkedIn and Instagram. Also, follow us on YouTube to see full-length episodes of the podcast, watch our Road to Prosperity videos and see other clips from our travels and events.