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Hiltson87 t1_iwd7vx0 wrote

Reply to comment by sleevieb in Surf’s up for Chesterfield’s The Lake - Virginia Business by Charlesinrichmond

There's a lot of stuff that got shelved coming back up for possible construction right now. Material costs and and availablity are finally stabalizing.

I've done more bidding in the last month than I did in the previous six because most of the material I work with (wood products) have dropped by anywhere from 40-60% in the last six weeks.

Not saying there's not a recession coming, but I don't think construction is going to get hit as hard as usual.

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ThatChildNextDoor t1_iwem76j wrote

Also, there's a 12 month lag in terms of the recession catching up to construction.

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