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Press Releases

ABC Rocky Mountain Hosts Economic Forecast with Anirban Basu

4/23/2018

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Denver, CO – On April 19th, 2018 The Associated Builders and Contractors Rocky Mountain Chapter (ABCRMC) hosted over 250 members of the construction industry from all over the Denver metropolitan area at the Westin Denver Downtown. The attendees, including both Rocky Mountain Chapter members and invited guests, gathered for an entertaining and informative economic forecast complete with networking and breakfast. Anirban Basu, ABC’s Chief Economist, presented to the audience his predictions on what is in store for Colorado’s economy in 2018 and how it will impact the construction industry. The presentation was introduced by Doug Carlson, ABCRMC President and CEO; Brett Denison, ABCRMC Director of Member Services; Dennis Walker with United Rentals, Presenting Sponsor; and Robert Marceau with RK, ABCRMC’s Chairman of the Board.
​
Anirban touched on job markets, real estate costs, foreign investments, tax cuts, and so much more within just over an hour of presenting. He warned the audience that despite the current strength of the economy, there is much that can go wrong. In the short term, we see ample job opportunities and a strong global economy; but, the economy is fragile, and an eventual collapse is inevitable. “Though the global economy is rising, it is still a treacherous place. Things are a bit frothy and foreign investment adds to that frothiness.”
 
The event was sponsored by the following companies:
Presenting Sponsor
United Rentals
Premier Sponsors
Citywide Banks
Encore Electric, Inc.
Greiner Electric
Rio Grande Co.
Major Sponsor
Duro Electric Company
Industry Association Co-Hosts
The Rocky Mountain Chapter of the Risk Management Association (RMA)
​Supporting Sponsors
Graybar Electric Co. Inc.
Hensel Phelps
Matsuo Engineering, LLC
Mortenson Construction
Industry Association Supporter
Independent Electrical Contractors Rocky Mountain (IECRM)
Media Sponsor
Colorado Real Estate Journal
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