19 May 2020

Foundation Software to Sponsor CE’s “2020 Mid-Year Economic Outlook” with Host Anirban Basu

Live Webinar Featuring the Foremost Economic Expert in Construction

May 19, 2020 – FOUNDATION, a leader in construction accounting software, has announced that it will sponsor Construction Executive’s exclusive Mid-Year Economic Outlook webinar featuring Anirban Basu, the chief economist to Associated Builders and Contractors (ABC). Basu, known for his entertaining delivery and sharp assessments of the economic state of the industry, will provide a candid assessment of the market impact of COVID-19 crisis on the construction sector for the rest of 2020.

This complimentary webinar will take place June 10 at 2 p.m. ET / 11 a.m. PT.  A live Q & A will follow.

“COVID-19 has rocked what had appeared to be a nearly invincible economy; one associated with substantial job growth, multi-decade lows in unemployment, sturdy compensation increases, robust retail sales, low inflation and strong financial market performance,” Basu says. “Underneath that strong performance, however, was a set of fragilities that have been exposed by the pandemic. This webinar speaks to our current economic circumstances, how difficult things are likely to become over the foreseeable future, and the contours of the brisk recovery to come thereafter.”

Attendees will learn about the impact of the pandemic on construction businesses as well as other economic indicators such as reduced spending, employment impact, supply chain and pricing issues, regional outlooks and more.

“The key takeaway for attendees will be how to prepare for the rest of the year,” said Lauren Pinch, editor-in-chief of ABC’s publication Construction Executive.

Basu’s webinars attract hundreds of construction industry business owners, executive and financial managers seeking to stay abreast of economic trends and predictions. Register today for the free June 10 webinar. Seating is limited, so reserve early.

About Anirban Basu

Anirban Basu is Chairman & CEO of Sage Policy Group, Inc., an economic and policy consulting firm in Baltimore. He serves as the chief economist to Associated Builders and Contractors and as chief economic adviser to the Construction Financial Management Association. In 2007 and then again in 2016, Mr. Basu was selected by the Daily Record newspaper as one of Maryland’s 50 most influential people. The Baltimore Business Journal named him one of the region’s 20 most powerful business leaders in 2010.

About Construction Executive

Founded in 2003, Construction Executive is the magazine for the business of construction and the official national publication of Associated Builders and Contractors. CE reaches an audience of more than 150,000 construction professionals. Learn more at www.ConstructionExec.com.

About Foundation Software

Foundation Software delivers job cost accounting, project management and mobile applications, along with payroll and bookkeeping services, to help contractors run the business side of construction. For more information, call (800) 246-0800 or email info@foundationsoft.com.