Project Stress Index for March 2025
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
Louisiana officials announced that Hyundai Steel plans to build a $5.8 billion steel mill in Donaldsonville to support its US auto manufacturing...
NTT Global Data Centers purchased 173 acres in Mesa, Arizona, for $300 million to develop a data center campus, The Arizona Republic reported Friday.
It’s been 12 years since the Circuit of the Americas COTA first opened near Austin and hosted the F1 United States Grand Prix race, but COTA has...
The Meadowlands Chamber of Commerce in East Rutherford, NJ, is advocating for replacing Meadowlands Arena to make way for a multi-use convention...
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
Johnson & Johnson said it would break ground on a 500,000 square foot biologics manufacturing facility in Wilson, North Carolina estimated over $2...
Mississippi is positioning itself as the next big hub for data centers as construction started on another $10 billion data center investment in the...
ConstructConnect Chief Economist Michael Guckes said February’s total construction employment is a marked improvement from recent underwhelming...
ConstructConnect Chief Economist Michael Guckes writes that construction labor remains a primary concern for the industry despite other happenings
The U.S. Department of Energy (DOE) announced the release of $56,787,300 to Holtec International to restart the Palisades Nuclear Plant in Michigan.
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Total, Nonresidential, and Residential Construction...
Bruce Smith Enterprise and The Cordish Companies announced groundbreaking of the Live! Casino & Hotel in Petersburg, Virginia. part of a $1.4 billion...
Alex Carrick writes about the likelihood of a call for a federal general election to clarify leadership for the tariff issues and 51st state talk
The Federal Open Market Committee (FOMC) left interest rates unchanged yesterday at the conclusion of its second of eight regular yearly meetings.
The New York City Economic Development Corporation said its taking applications for the second round of the NYC Mass Timber Studio to support active...
ConstructConnect Chief Economist Michael Guckes writes about construction firms decisions in light of the construction economy, when considering how...
Kerrville City Council, Texas, unanimously approved funding for the Kerrville Public Utility Board's (KPUB) natural gas-fired power generation...
Joe Doucet developed an innovative climate-responsive paint that changes color based on outside temperature to passively reduce energy needs of...
Novva Data Centers and CIM Group announced obtaining $2 billion in financing to complete the construction of a data center campus in Salt Lake City,...
Factory Yards is an ambitious Grand Rapids, Michigan housing retail and event complex planned for a long-disused factory site on the city’s near...
The Port of Houston is witnessing a surge in energy facility infrastructure on the Gulf Coast.
Evergreen Retirement Community announced it acquired the former Kimberly-Clark North Office which is set to undergo a major redevelopment as senior...
Hotel Florence is a 144-year-old Queen Anne beauty that once graced the town of Pullman, where passenger rail cars were made on Chicago’s far south...
The City of New York announced last week that it is seeking a developer to demolish and replace an aging government building in the Financial...
The Oklahoma City Council approved Flintco and Mortenson as the construction management team for the new arena that will become the home of the...
Dallas-based Stream Data Centers has secured approval from the Genesee County Economic Development Center to construct a massive $6.3 billion data...
Chief Economist ConstructConnect Michael Guckes Put-in-Place Forecast work-in-progress payments as buildings under construction proceed to completion
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the evolving construction economy landscape.
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment, wages, and hiring.
The Propel NY Energy Project, a $3.2 billion initiative, aims to modernize New York State’s aging power grid by upgrading 90 miles of transmission...
Apple’s recent announcement of a $500 billion investment in the U.S. over the next four years is a historic commitment that will expand facilities,...
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
Alex Carrick writes on the challenging task of assessing what the economic future might hold. It has, Carrick says, been made exponentially harder.
Chicago's Department of Planning and Development approved site plans for Bally's $2.07 billion Chicago Casino construction project.
Michael Guckes, Chief Economist of ConstructConnect, covers the potential impact of tariffs and the outlook for the construction industry.
Alex Carrick penned a column on his expectations of the US job market and the multiple influences he said are stirring up the labor market.
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
Michael Guckes, Chief Economist ConstructConnect responds to: Will Persistent Inflation and Rising Costs Overwhelm a Pro-Growth Political Agenda?
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Total, Nonresidential, and Residential Construction...
Construction crews are presently working on a series of massive arches atop a new suspension bridge project in Miami
The Trump administration announced a review of California’s high-speed rail project on Thursday as the megaproject has faced cost insufficiencies and...
ConstructConnect said today in its spring construction starts forecast, that Total U.S. Construction Starts are expected to grow by 5.2% in 2025.
Portland, Oregon’s Water Bureau ordered a temporary halt to construction on the $2.1 billion Bull Run Filtration Project following an adverse...
Atlas Development submitted a proposal to Georgia planning officials to build a $4.5 billion data center. ConstructConnect Chief Economist comments...
The City of Boca Raton, Florida, is embarking on a transformative mixed-use redevelopment of its 30-acre Government Campus in a public-private...
Artificial intelligence might not be visible in the real world, but it’s fueling a boom in data center construction in Georgia.
With a shortage of construction labor due to retirement and recent policy changes, the future growth of housing and commercial projects could lie in...
Steel producer ArcelorMittal unveiled plans last week to construct an electrical steel manufacturing facility in Alabama with a $1.2 billion...
Two battery manufacturing projects have been canceled, reflecting the challenges companies face in the competitive and capital-intensive clean energy...
Frontier Scientific Solutions announced the construction start of a large temperature controlled pharmaceutical warehouse at NC Wilmington...
ConstructConnect reports on recent steel and aluminum tariff news and potential implications for the construction industry by Chief Economist Michael...
Crews are currently engaged in crucial preconstruction activities near the Baltimore-area site of the Key Bridge remains.
In an Economics Column, Alex Carrick provides perspective on the potential perils of US tariff action against Mexico and Canada.
Stardust Power said it officially began construction on one of the largest battery-grade lithium refineries in the US at Muskogee, Oklahoma.
The City of Cleveland, Ohio, issued a record $3.11 billion in commercial construction permits in 2024, and megaprojects contributed to the...
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the evolving construction economy landscape.
ConstructConnect reports on recent tariff news and potential implications for the construction industry with comments from Chief Economist Michael...
Cooper University Health Care announced the groundbreaking on the first phase of a $3 billion expansion of its health sciences campus in Camden, NJ.
A slight increase in inflation was reported for December 2024. Chief Economist Michael Guckes adds context for construction professionals.
In an Economics Column, Alex Carrick provides perspective on the demand for electricity that is driving US construction, yet risks remain
Michael Guckes Chief Economist, ConstructConnect, reviews categories and delivers insights into US nonresidential construction starts by dollar...
Detroit is moving forward with a plan to cap part of Interstate 75 which bisects downtown, cutting the central business district off from a...
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment, wages, and hiring.
Rivian announced that it secured a $6.6 billion loan from the US Department of Energy (DOE) to construct a Georgia electric vehicle manufacturing...
A report on US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist at ConstructConnect
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
Chief Economist Michael Guckes provides analysis and insights on construction starts spending results for 2024.
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Nonresidential and Residential Construction Starts
Gov. Jay Inslee approved the Wautoma Solar Project on January 9th. The $400 million infrastructure project will become the state’s largest solar farm.
Alex Carrick provides perspective on the contentious world of US foreign trade in his column.
Megaprojects, massive construction ventures valued at $1 billion or more, continue to shape the US construction industry, and over $500 billion is in...
Plans to convert the former Archdiocese of New Orleans office building into a hotel are back on track two years after the project stalled.
A new US AGC construction survey for 2025 finds that most contractors are optimistic about growth across almost all sectors, but leery of potential...
Alex Carrick provides perspective on 2024 employment data for the US and Canada.
Chicago general contractor Clayco launched Clayco Compute, a new business unit focused on data center construction.
Council members of the West Feliciana Parish in Louisiana have approved a zoning change to construct a $2.5 billion data center.
The City of Corpus Christi is turning to the Gulf of Mexico for a solution to its water shortage with the state’s first municipal ocean desalination...
The NBA said today that an agreement was reached to build a new arena for the Philadelphia 76ers and the Philadelphia Flyers.
Boulder, Colorado is set to break ground on the highly anticipated Downtown Boulder Station gate expansion project
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
A report on US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist ConstructConnect
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment, wages, and hiring.
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
Austin, Texas, is continuing to make progress on its Austin Light Rail project. In December, the $7 billion megaproject's owner announced the...
Chief Economist Michael Guckes provides perspective on the value of the US dollar to help firms understand and manage volatile movements in currency...
Energy company Equinor said in a statement that it secured over $3 billion in financing in December for its Empire Wind 1 project in New York.
Three months after a temporary agreement was reached between dockworkers and their employer, the threat of a longshoremen strike looms again.
The Maryland Transportation Authority (MDTA) project to rebuild the Key Bridge is scheduled to start this week, authorities said (weather permitting)
Constellation Energy announced yesterday it had secured combined contracts worth over $1 billion with the U.S. General Services Administration
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the construction industry’s economic landscape.
Amtrak reached a milestone in the Sawtooth Bridges Replacement Project by selecting a joint venture to handle preconstruction activities, the railway...
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Nonresidential and Residential Construction Starts
The construction industry needs a clearly defined strategy to navigate challenges, such as labor shortages, participants at the Toronto Buildings...
Starting December 30 2024 New York State contractors and subcontractors engaged in public work projects or certain private projects will be required...
Chief Economist Michael Guckes provides analysis and insights on the drivers of the construction economy from the ConstructConnect 2025 outlook
The Federal Open Market Committee cut the benchmark federal funds rate by 0.25%, their third rate cut in 2024.
Chief Economist Michael Guckes analysis and insights on the divergence in the 30-year mortgage rate and the Federal Funds Rate
Dune Real Estate Partners and TF Cornerstone announced a billion-dollar joint venture to convert underused office buildings into residential units
A report on US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist at ConstructConnect
The Charleston County School Board approved a $26 million increase to its budget, funding the gap between project approval and rising construction...
Mass Timber Construction (MTC) is ramping up in Texas as more multi-family, commercial, and institutional project proposals come forward.
ConstructConnect a leading provider of software solutions for the preconstruction industry releases the quarterly US and Canada Construction Starts...
NexPoint, a Dallas-based investment firm, is set to break ground soon on the $4 billion Texas Research Quarter, a 91-acre life science campus in...
Alex Carrick provides perspective on: Are there any signals in the current economic data set that suggest residential construction may be on the cusp...
Massachusetts General Hospital received a $100 million donation from entrepreneur Herb Chambers to support the construction of a cancer center
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
NYC's $10 billion bus terminal rebuild project includes a 2.1 million-square-foot main terminal, new ramps to the Lincoln Tunnel, 3.5 acres of green...
Meta, the parent company of Facebook and Instagram, is set to build a $10 billion artificial intelligence (AI) data center in northeast Louisiana.
Lincoln Property Co. and Goldman Sachs Alternatives broke ground on Northside Logistics Park, a 496,000-square-foot warehouse/distribution center...
Chief Economist ConstructConnect Michael Guckes Put-in-Place Forecast work-in-progress payments as buildings under construction proceed to completion
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the construction industry’s economic landscape.
A new resort and arena project, known as LVXP, will rise on the north end of the famous Las Vegas Strip, replacing the canceled All Net Resort...
Chief Economist analyzes the potential impact on construction supply chains should the incoming administration implement tariffs.
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment, wages, and hiring.
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Nonresidential and Residential Construction Starts
Phase one of Artwalk Towers started construction in Jersey City beginning its journey to topping off at 560 feet lender Kennedy Wilson announced last...
Branch Properties real estate investment development announced a plan to redevelop Gainesville, Georgia’s Lakeshore Mall into a multi-use community.
A spectacular 11-story office tower will form the focal point of a 2.5-acre open-community plaza in San Antonio’s Tech Port district southwest of...
Last week, the US Nuclear Regulatory Commission issued construction permits for Kairos Power’s Hermes 2 advanced test reactor in Oak Ridge, Tennessee.
Construction was set to start on the Riverfront Commons project in Paducah, Kentucky, to improve transportation and build a pier for riverboat...
The latest effort by Detroit-based Basco to repurpose Detroit’s large and abandoned stock of heritage buildings into a contemporary multi-use space.
Arlington VA adopted a policy to revitalize outdated office buildings amid rising vacancy rates and declining property values, faced by many US urban...
ConstructConnect Chief Economist Michael Guckes provides a 2025 full-year outlook for US Construction Starts by building category (type of structure).
ConstructConnect Chief Economist Michael Guckes provides a full-year outlook for total US Construction Starts in the nonresidential, residential, and...
Commonwealth Fusion Systems announced the successful construction and test of a groundbreaking electromagnet, a significant stride forward in fusion...
ConstructConnect Chief Economist Michael Guckes reports on US Real GDP growth, which is expected to move up by 2.6% in 2025.
Two building product manufacturers have updated their involvement in improving carbon emissions from cement and concrete.
Frampton Construction announced plans to build a 300,000-square-foot distribution facility for cookware manufacturer Le Creuset of America in South...
Almost two decades after buying it, the Forbes Company is set to begin construction on the former iconic Kmart HQ site in the affluent northern...
California voters approved Proposition 2 last week, authorizing $10 billion in general obligation bonds to repair, upgrade, and build education...
What were the results for many of the nation’s key economic indicators between 2020 and 2024? The question will eventually become how 2024-2028...
Turner Construction Company broke ground last week on a $2 billion project to expand Vantage Data Centers’ campus in New Albany, Ohio.
The Texas A&M University System’s Board of Regents approved a series of major construction projects totaling more than $500 million.
The Federal Open Market Committee cut the federal funds rate by 0.25%. ConstructConnect Chief Economist Michael Guckes comments on the implications...
Washington State Governor Jay Inslee approved a massive wind farm construction project last week after years of political and legal delays, his...
The US Department of Transportation’s Federal Railroad Administration (FRA) announced more than $2.4 billion in funding for 122 rail improvement...
Three major new facilities are beginning to form the heart of a growing arts program at the University of Texas at Dallas over the next few years.
ConstructConnect's Project Stress Index is a resource which tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
Construction industry analysts are often asked about the breakdown of construction dollars spent by the private sector versus the public sector....
Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the economic landscape of the construction industry in this...
Lithium Americas closed on a 2.26 billion dollar loan to build phase one of a lithium processing facility in Nevada for electric vehicle batteries.
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
A report on US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist at ConstructConnect
Resolve Aggregates is building a second plant in Fannin County, Texas, that will process quarried sand and aggregates for a range of construction...
Despite the fact the year-over-year all-items U.S. inflation rate has eased of late, to +2.4% in September, the cumulative increases in costs and...
Heavy civil construction firm Frontier-Kemper Constructors won a $1.1 billion contract for the Kensico-Eastview Connection Tunnel Project in...
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment from wages and hiring to changes by employment...
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Nonresidential and Residential Construction Starts
SB Energy launched a massive solar energy project in Buckholts, Texas, and is ready to begin selling electricity to customers, including Google, its...
ConstructConnect Chief Economist Michael Guckes explores the impact to construction from the mid-September Federal Reserve rate cut.
The City of San Marcos, California, near San Diego, completed its largest infrastructure construction project, which began in 2020.
The first-ever Detroit artists’ colony that repurposed an old auto factory is now open on the city’s near northwest side.
The Art Institute of Chicago received the biggest monetary gift in its history while continuing a 10-year rebuild project close to Lake Michigan.
An $800 million project was approved in downtown Grand Rapids, Michigan, which will add over one million square feet of office, hotel, and retail...
US space agency NASA announced plans to issue a Request for Proposal (RFP) for $450 million in 5-year, small business construction project contracts
Participants praise the New York City Mass Timber Studio technical assistance accelerator for seven timber projects in preliminary planning and...
The Georgia Ports Authority is funding $4.5 billion worth of work on a number of large projects at gateways in Savannah and Brunswick over the next...
The University at Buffalo (UB) New York announced an ambitious $1.64 billion “building boom” involving new construction, renovation, and planned...
As it continues its climb as the tallest building in Texas the 74-story Waterline tower will eventually overlook an Austin riverside district...
Retailer Walmart partnered with Alquist, a 3D-printed concrete construction company, to build the “largest 3D-printed commercial structure in the US”...
Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the economic landscape of the construction industry in this...
The union representing 45,000 dockworkers and their employer reached a tentative wage agreement, suspending a three-day labor strike that halted...
Several American municipalities are following Portland, Ore.'s lead in 2016 and transitioning away from demolition ordinances to deconstruction...
ConstructConnect's Project Stress Index is a resource which tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
The US Department of Energy said in September that over $3 billion allocated to selected construction projects creating jobs and manufacturing...
High-speed rail operator Brightline West announces $3 billion federal grant signed, expects over 10,000 construction jobs for the project
The Tampa Museum of Art is gearing up for a transformative expansion project that will add a crystalline four-storey structure near the waterfront
How construction is having trouble recruiting young workers and the best possible winning arguments by former ConstructConnect Chief Economist Alex...
The State of Georgia is experiencing a building boom, driven by commercial construction of new plants, highways, bridges, and other infrastructure.
Michael Guckes Chief Economist, ConstructConnect, reviews categories and delivers insights into US nonresidential construction starts by dollar...
Construction is a star in the movies says movie fan and former ConstructConnect Chief Economist Alex Carrick.
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
A report on US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist at ConstructConnect
Michael Guckes, Chief Economist at ConstructConnect, comments on interest rates and the construction industry.
Perhaps no single state has benefited more from new technology investment than Texas. Many point to Samsung Electronics’ commitment as an example.
ConstructConnect Chief Economist Michael Guckes provides insights and analysis in a monthly update on US Construction Starts nonresidential and...
The Federal Open Market Committee cut the federal funds rate by 0.5%. ConstructConnect Chief Economist Michael Guckes discusses the implications for...
In honor of National Construction Appreciation Week, the National Inventors Hall of Fame is celebrating Edward W. Bullard, inventor of the hard hat.
Tech, collaboration, and prefabrication are praised as contractor announces completion of a seven-story, 140,000-square-foot expansion to Shannon...
Economist explores demand for data centers in United States driven primarily by continued rise of cloud computing and emergence of artificial...
A labor dispute between dock workers and their employers has the potential to significantly disrupt supply chains.
With new commercial project construction in the US declining, one would never know it seeing Texas, particularly in Dallas-Fort Worth (DFW).
ConstructConnect leading provider software solutions for the construction industry releases the US Construction Put-in-Place Forecast of...
As for the Economy, There’s an Elephant and a Donkey in the Room says former Chief Economist Alex Carrick.
The US Bureau of Labor Statistics released a forecast on labor, construction labor and US labor outlook reported here by ConstructConnect news
Contractor in Louisiana received approval to proceed with a $2.3 billion bridge over a section of the Calcasieu River.
Owners of the United Center and local developers can turn their attention to a grand project to transform the neighborhood outside the West Side...
Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the ever-changing economic landscape of the construction...
ConstructConnect's Project Stress Index is a resource which tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
Related Companies and Wynn NYC released new details on their $12 billion Manhattan proposal for the undeveloped Hudson rail yards property.
Chicago’s Fulton Market office submarket is burgeoning with a 25-story tower to open this fall.
Texas is increasing its energy sources mix as the state is adapting to low-carbon and even zero-carbon electricity production.
US and Canada dispute cross border commerce around softwood lumber
Texas is increasing its energy sources mix as the state is adapting to low-carbon and even zero-carbon electricity production.
If you’re a newcomer or have not visited Toronto in quite a while, be prepared to be shocked, says former Chief Economist Alex Carrick.
ConstructConnect construction finance news Federal Reserve Chair Jerome Powell said the “time has come” for the Federal Reserve to lower interest...
Canadian government intervened in freight rail shutdown, railways and labor union forced into arbitration ending the stoppage
ConstructConnect provides a monthly update on the regional nonresidential construction starts for the US
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