---
title: CAM Releases the Building Michigan Podcast, Episode 19
description: "In this episode of CAM's \"Building Michigan\" podcast, host Kevin Koehler speaks with Eric Lynch, a Certified Business Economist (CBE) from the National Association of Home Builders (NAHB), about the economic outlook for 2025 and beyond."
---
[News | Construction Association of Michigan ](https://www.buildwithcam.com/news)
# [CAM Releases the Building Michigan Podcast, Episode 19](https://www.buildwithcam.com/news/lynch-2025-forecast)
Written by [Diane Sawinski](https://www.buildwithcam.com/news/author/diane-sawinski) | Feb 10, 2025 1:59:59 PM
#### **Economic Forecast Preview, 2025 and Beyond, with Eric Lynch**
Bloomfield Hills, MI (February 10, 2025) – Season 4, Episode 1 of the Building Michigan podcast, hosted by Kevin Koehler, president of the Construction Association of Michigan, features Eric Lynch, a Certified Business Economist (CBE) from the National Association of Home Builders (NAHB). Lynch is the presenter at the February 12th CAM/HBA Economic Forecast Breakfast, which takes place as part of the [Great Lakes Design and Construction EXPO](https://miconstructionexpo.com/).
Lynch kicks off the podcast conversation by characterizing 2024 as a year of moderation, noting a slowdown in GDP growth, employment, and inflation compared to previous years. While these indicators remain positive, the pace of growth has cooled. Looking ahead to 2025, Lynch anticipates slower growth, modest employment gains, and persistent inflation, urging a cautious "wait and see" approach amid ongoing uncertainty, including geopolitical factors.
Key headwinds discussed include labor shortages, particularly in skilled trades, and material costs. Koehler and Lynch delve into the challenges posed by an aging workforce, limited supply of new talent, and potential impacts of tariffs on lumber and steel prices.
This episode is packed with data and analysis, offering valuable perspectives for anyone involved in the construction industry. For a deeper dive into the economic forecast, the residential and commercial construction outlook, and the challenges facing the industry, be sure [to listen to the full Building Michigan podcast episode](https://www.buildwithcam.com/podcast). Gain expert insights to help you navigate the year ahead.
[Click here to listen to the podcast.](https://www.buildwithcam.com/podcast)
Podcast Information
Listen to this hot topic conversation and all of CAM’s “Building Michigan” podcast episodes at [buildwithcam.com/podcast ](https://www.buildwithcam.com/podcast)or on your favorite podcast platform.
Contact [cam@buildwithcam.com](mailto:cam@buildwithcam.com) for podcast sponsorship opportunities or with suggestions for future podcast topics. Each episode of the “Building Michigan” podcast, produced for Michigan’s construction industry by the Construction Association of Michigan, and sponsored by [CAMComp](https://camcomp.net/), features current news and information regarding the latest construction techniques, methods, and equipment, as well as economic updates and interviews with key people in Michigan's commercial construction industry.
#### Listen to Building Michigan
*The [Building Michigan Podcast](https://buildwithcam.com/podcast/) features current [news](https://buildwithcam.com/news/) and information regarding the latest construction techniques, methods, and equipment, as well as economic updates and interviews with key people in Michigan’s commercial construction industry.*
### Now Available
[View full post](https://www.buildwithcam.com/news/lynch-2025-forecast)
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