Economic Pressures, Policy Impacts & Emerging Growth Opportunities with Ed Sullivan

This week, on the ITC Tax Podcast, Mark Dzeda welcomes economist Ed Sullivan. They discuss the economic pressures impacting the cement industry, including high interest rates and the effects of the Infrastructure Investment and Jobs Act on private construction, particularly housing. Ed addresses ongoing labor shortages driven in part by restrictive immigration policies and outlines a potential industry rebound within 18 to 24 months as inflation eases and infrastructure investment strengthens. The conversation also highlights growing demand for data centers and new construction technologies as emerging drivers of growth. Key Takeaways High interest rates and federal infrastructure policy are reshaping private construction activity. Labor shortages and immigration constraints continue to pressure project timelines and costs. A potential industry rebound is projected within 18–24 months as inflation moderates. Data center expansion and construction innovation are emerging as key growth drivers. Resources Learn more and connect with the ITC Tax team at itctax.com. Mentioned in this episode: Optimize Your Property Tax! ITC Tax