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] spent yet," stated Branch. "One of the large assumptions we made manner again in 2021 was that 2023 and 2024 can be the most effective years for progress and infrastructure. One purpose why is because materials costs stay high. With the focus on inflation in 2022 and 2023, local and state planners could have opted to sluggish activity till later in 2024, the place they may profit from more favorable pricing conditions. "Data continues to be out on that one, clearly, but I wouldn’t be surprised if stronger growth gets pushed out," stated Branch. ], we must always begin to see acceleration within the forecast. That leaves lots of runway for bridge, freeway and avenue construction.

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