Everyone wants to know what the future holds for the U.S. economy. Of course, almost all predictions made at the end of 2019 were wildly off. Still, economists are offering their best forecasts based on what they now know. Anirban Basu, CEO of Sage Policy Group, is one of those economists. Basu recently presented his outlook at a pair of trade groups — SMACNA and the Mechanical Contractors Association of America (MCAA).
Speaking to MCAA, Basu went over some of the biggest trends driving business for those in the HVAC trade these days. One of those is people working from home. Since March, millions of workers have done their jobs from their living rooms rather than their cubicles. Some of those workers will return once vaccination becomes widespread, but not all of them.