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79 sats \ 4 replies \ @Undisciplined 24 Jun \ on: Construction Starts Improved 13% in May econ
That assumes that whatever the next tantrum is won’t also disrupt construction.
Yeah I agree the sector overall appears weak
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How well could it weather a disruption to the oil supply?
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Not well at all. Construction is extremely sensitive to fuel prices and will hurt margins. Especially for fixed price contracts that don’t allow for an economical adjustment
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Hopefully domestic production ramps up
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