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Inflation Hits Construction, Consumer Spending Rises, Mortgage Rates Decline

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Interest rates and other high expenses could cost the global construction economy $2 trillion by 2027 if central bankers are unable to bring inflation under control, according to Oxford Economics. (Getty Images)
Interest rates and other high expenses could cost the global construction economy $2 trillion by 2027 if central bankers are unable to bring inflation under control, according to Oxford Economics. (Getty Images)
CoStar News
April 2, 2023 | 11:17 P.M.

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Inflation Hits Construction

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News | Inflation Hits Construction, Consumer Spending Rises, Mortgage Rates Decline