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Despite the COVID-19 pandemic, high materials prices and a skilled labor shortage, the construction industry is coming back with a vengeance, according to a noted construction economist. “I find it remarkable that so much normalcy has returned to the construction industry,” said Anirban Basu, chief economist for Associated Builders and Contractors. Basu’s remarks came during the ABC’s Q2 Construction Economic Update and Forecast webinar last week, where he delved into factors surrounding the money flowing in and out of the construction industry, along with the broader economy as a whole. While the pandemic still rages globally, and cases surge in unvaccinated areas of the United States, the broader construction industry is on the path to normalcy, according to Basu.