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Recovery from the economic impacts of covid-19 has meant supply chain bottlenecks, worker shortages and rising building costs to major cities around the world. Are these short-term supply hiccups, or longer-term threats to economic health? In this episode, John Robbins, U.S. Managing Director and North America Head of Real Estate at Turner & Townsend, which provides consultancy services to the real estate, infrastructure and natural resource sectors) shares insights from the firm's newly released 2021 International Construction Market Survey (ICMS), which provides intel on construction costs in 90 global markets. He also offers key takeaways on potential market impacts of the Biden Infrastructure Plan, which was still being debated in the U.S. Senate when the episode was recorded.
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Recovery from the economic impacts of covid-19 has meant supply chain bottlenecks, worker shortages and rising building costs to major cities around the world. Are these short-term supply hiccups, or longer-term threats to economic health? In this episode, John Robbins, U.S. Managing Director and North America Head of Real Estate at Turner & Townsend, which provides consultancy services to the real estate, infrastructure and natural resource sectors) shares insights from the firm's newly released 2021 International Construction Market Survey (ICMS), which provides intel on construction costs in 90 global markets. He also offers key takeaways on potential market impacts of the Biden Infrastructure Plan, which was still being debated in the U.S. Senate when the episode was recorded.