High material prices are expected to drop as supply catches up with demand in 2021

Challenges remain, but the effects of the pandemic may be less severe than feared, they say

Industry groups are lobbying for an end to tariffs, but without shipping certainty, it may not be enough.

It is too soon to predict what 2021 will bring, but there are signs that the recession will end soon

Federal funding is critical to the country’s economic recovery, analysts say

Eased worker shortages have kept pay hikes stable in 2020, but future uncertainties still loom

A slow recovery has begun following economic fallout caused by COVID-19

Most markets are in decline, but many industry leaders hope that the worst will soon pass

Domestic fabricators applaud the decision, while manufacturers, some contractors had hoped for relief