October 17, 2012
Marcum LLP Names Anirban Basu Chief Construction Economist
New York City, NY – The construction industry’s leading economist has joined Marcum LLP as the national accounting and advisory firm’s Chief Construction Economist, a newly created position. Effective immediately, Anirban Basu, Chairman & CEO of Sage Policy Group, Inc., will partner with Marcum Construction Industry Group Leader Joseph Natarelli to produce a quarterly index measuring and tracking the commercial construction industry’s economic health. The Marcum Commercial Construction Industry Index will launch in November 2012.
“The addition of Anirban Basu to our construction practice further expands Marcum’s national footprint in the industry and brings an important new level of expertise and insight to better serve Marcum’s construction clients,” Mr. Natarelli said. “Anirban is one of the industry’s most respected leaders. We are particularly excited to be partnering with him on the development of the Marcum Commercial Construction Index, which will provide another strategic tool our clients can use to help guide their business decisions.”
“I am delighted to serve as Marcum's chief construction economist in support of their rapidly expanding national practice. We hope to provide key insights to industry decision-makers, who have to continuously contend with rapidly changing market conditions, technologies and regulations,” Mr. Basu said.
The Marcum Commercial Construction Index will provide ongoing updates regarding the performance of the nation's commercial construction industry, including construction spending, materials prices and employment. The index will also provide narrative focused upon key drivers of commercial construction spending, including broader economic forces and the impacts of public policy.
Mr. Basu is a frequent lecturer, author and consultant to commercial businesses, economic development agencies and professional organizations. He serves as Chief Economist to the Associated Builders & Contractors organization and is also an adjunct professor at Johns Hopkins University where he teaches micro-, macro-, international and urban economics. Mr. Basu is author of several benchmark industry publications, including the one-page, economic news report Construction Economic Update analyzing current federal government economic indicators and a monthly article for ConstructionExecutive magazine. He holds a Bachelor of Science degree from Georgetown University; Masters degrees from Harvard University’s John F. Kennedy School of Government and the University of Maryland; and a Juris Doctor from the University of Maryland School of Law.
Marcum LLP's Construction Services Group provides strategic and timely accounting, audit, consulting and taxation services to construction clients ranging from start-ups to multi-billion-dollar enterprises. The firm’s technical experts serve on many industry boards and committees and regularly contribute to construction conferences and publications.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland. Headquartered in New York City, Marcum provides a full spectrum of traditional tax, accounting and assurance services; advisory, valuation and litigation support; and an extensive range of specialty and niche industry practices. The Firm serves both privately held and publicly traded companies, as well as high net worth individuals, private equity funds and hedge funds, with a focus on middle-market companies and closely held family businesses. Marcum is a member of the Marcum Group, an organization providing a comprehensive array of professional services.