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    Economy

    HARDI/ITR Quarterly Forecast January 2018, Part 2

    Written by Sandy Williams


    The latest HARDI/ITR quarterly forecast expects accelerated residential construction in the U.S. through the first half of the 2018. Construction will slow in the second half as the U.S. enters a “brief and mild macroeconomic recession in 2019.”

    Steel Market Update is a member of an association connected to the construction industry called HARDI, the Heating, Air-conditioning & Refrigeration Distributors International. HARDI and ITR Economics, an economic forecasting company, work together to gather economic data to provide a forecast to the HARDI members in the United States and Canada. The information shared in our newsletter is only part of a much larger package seen by participating HARDI member companies.

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