Consulting Economist with expertise in real estate, residential and nonresidential construction, and macroeconomic issues https://xitter.cf/t.co/XLhsrVHUe4
Washington, DC
Joined January 2013
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Fed Chair Janet Yellen (with me) at the National Economists Club Annual Meeting, Oct. 20, 2017
ICYMI
June state #Construction #Unemployment rates. Includes comparisons with June 2019 rates (pre-COVID-19). Also, download an Excel workbook that charts rates by each state. abc.org/News-Media/News-Rele… @ABCNational
ICYMI
June state #Construction #Unemployment rates. How did your state do? abc.org/News-Media/News-Rele… @ABCNational
June 2026 state #Construction #Unemployment rates under 10% in all 50 states. abc.org/News-Media/News-Rele… @ABCNational
Bernard Markstein retweeted
AIA CONSENSUS FORECAST REVISED DOWNWARD: Mid-year update to 9 industry forecasts sees construction momentum ebbing, except for data centers, of course. @AIANational @Moodys @DodgeData @FMICorporation @WellsFargo @BMarkstein, @ConstructConnx, @ABCNational. lnkd.in/gyUqiFjF
June state #Construction #Unemployment rates. Includes comparisons with June 2019 rates (pre-COVID-19). Also, download an Excel workbook that charts rates by each state. abc.org/News-Media/News-Rele… @ABCNational
June state #Construction #Unemployment rates. How did your state do? abc.org/News-Media/News-Rele… @ABCNational
June 2026 state #Construction #Unemployment rates under 10% in all 50 states. abc.org/News-Media/News-Rele… @ABCNational
Bernard Markstein retweeted
@BMarkstein just read your 2026 ASID Economic Outlook. Good things in there for our industry. Passing it on to our people.
Bernard Markstein retweeted
So you're telling me that cutting tariffs leads to lower prices?
Fascinating.
Bernard Markstein retweeted
They should change the name to "Strait of Schrödinger". It's both open and closed at the same time.
December 2025 state #Construction #Unemployment rates under 8% in all but 5 states. abc.org/News-Media/News-Rele…
Bernard Markstein retweeted
"On the positive side, a somewhat easier policy stance by the Federal Reserve has resulted in lower interest rates. Further declines in interest rates are likely in 2026."
go.abc.org/4al1P5C
#ABCMeritShopProud
September 2025 state #Construction #Unemployment rates under 10% in all states. abc.org/News-Media/News-Rele…
September state #Construction #Unemployment rates. How did your state do? abc.org/News-Media/News-Rele… @ABCNational
Bernard Markstein retweeted
On inflation and the tariffs: "Foreign countries aren't giving us discounts. They're not eating the tariffs. Some of it's going through to the grocery store, but a lot of it's coming out of the profits of big corporations. That's not going to happen forever "
Guess if you don't measure it, the problem goes away.
The Trump administration is canceling an annual government effort to gather data on how many Americans struggle to get enough food that the Agriculture Department began collecting in the mid-90s
Employees were told the survey wouldn’t be funded this year wsj.com/economy/trump-admini…
Bernard Markstein retweeted
Think of an economy as like baking a cake. H1-B visas exist so that if you're out of a specific ingredient, you can Instacart it and keep baking. Add a $100k delivery charge and you'll choose to:
1. Quit baking; or
2. Use an inferior recipe; or
3. Import cake instead of making it