The Construction Economy Brief - December 2024
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the construction industry’s economic landscape.
Construction Economics Brief - August 2023
Michael Guckes, Chief Economist
Aug 10, 2023
The Construction Economics Brief, produced by ConstructConnect’s economics team, is a monthly video series whose aim is to provide the latest and most pertinent economic information to construction industry leaders in a concise video format.
Highlights from August 2023 release include:
- Inflation is coming down, this should give the Federal Reserve some breathing room to hold rates steady. This could help keep private sector interest rates from moving significantly higher.
- ConstructConnect's Project Stress Index remained uncomfortably high, with abandoned projects still a concern.
- Our latest construction starts forecast release is coming soon, which continues to show industry growth through 2025.