{"id":16323,"date":"2020-05-19T17:14:11","date_gmt":"2020-05-19T21:14:11","guid":{"rendered":"https:\/\/www.foundationsoft.com\/?p=16323"},"modified":"2023-08-31T11:35:56","modified_gmt":"2023-08-31T15:35:56","slug":"foundation-2020-economic-outlook","status":"publish","type":"press-releases","link":"https:\/\/www.foundationsoft.com\/press-releases\/foundation-2020-economic-outlook\/","title":{"rendered":"Foundation Software to Sponsor CE\u2019s \u201c2020 Mid-Year Economic Outlook\u201d with Host Anirban Basu"},"content":{"rendered":"<p><em>Live Webinar Featuring the Foremost Economic Expert in Construction <\/em><\/p>\n<p><strong>May 19, 2020 <\/strong>\u2013 FOUNDATION<sup>\u24c7<\/sup>, a leader in construction accounting software, has announced that it will sponsor <em>Construction Executive\u2019s <\/em>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.<\/p>\n<p>This <a href=\"https:\/\/webinars.constructionexec.com\/webinar\/2020-mid-year-construction-economic-forecast\/?utm_campaign=co_promote&amp;utm_source=foundation-pr&amp;utm_medium=email\">complimentary webinar<\/a> will take place June 10 at 2 p.m. ET \/ 11 a.m. PT.\u00a0 A live Q &amp; A will follow.<\/p>\n<p>\u201cCOVID-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,\u201d Basu says. \u201cUnderneath 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.\u201d<\/p>\n<p>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.<\/p>\n<p>\u201cThe key takeaway for attendees will be how to prepare for the rest of the year,\u201d said Lauren Pinch, editor-in-chief of ABC\u2019s publication <em>Construction Executive<\/em>.<\/p>\n<p>Basu\u2019s webinars attract hundreds of construction industry business owners, executive and financial managers seeking to stay abreast of economic trends and predictions. <a href=\"https:\/\/webinars.constructionexec.com\/webinar\/2020-mid-year-construction-economic-forecast\/?utm_campaign=co_promote&amp;utm_source=foundation-pr&amp;utm_medium=email\">Register today for the free June 10 webinar<\/a>. Seating is limited, so reserve early.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"About_Anirban_Basu\"><\/span>About Anirban Basu<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Anirban Basu is Chairman &amp; 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 <em>Daily Record<\/em> newspaper as one of Maryland\u2019s 50 most influential people. The <em>Baltimore Business Journal<\/em> named him one of the region\u2019s 20 most powerful business leaders in 2010.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"About_Construction_Executive\"><\/span>About Construction Executive<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Founded in 2003, <em>Construction Executive<\/em> is the magazine for the business of construction and the official national publication of Associated Builders and Contractors. <em>CE<\/em> reaches an audience of more than 150,000 construction professionals. Learn more at <a href=\"https:\/\/constructionexec.com\">www.ConstructionExec.com<\/a>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"About_Foundation_Software\"><\/span>About Foundation Software<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>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 <a href=\"mailto:info@foundationsoft.com\">info@foundationsoft.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Live Webinar Featuring the Foremost Economic Expert in Construction May 19, 2020 \u2013 FOUNDATION\u24c7, a leader in construction accounting software, has announced that it will sponsor Construction Executive\u2019s 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 &#8230; <\/p>\n<div><a href=\"https:\/\/www.foundationsoft.com\/press-releases\/foundation-2020-economic-outlook\/\" class=\"more-link\">Read More<\/a><\/div>\n","protected":false},"featured_media":0,"template":"","class_list":["post-16323","press-releases","type-press-releases","status-publish","hentry","no-post-thumbnail"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Foundation Software to Sponsor CE\u2019s 2020 Mid-Year Economic Outlook<\/title>\n<meta name=\"description\" content=\"FOUNDATION has announced that it will sponsor Construction Executive\u2019s exclusive Mid-Year Economic Outlook webinar featuring Anirban Basu.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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