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By: Michael Guckes, Chief Economist on February 24, 2024
The Construction Economics Brief - February 2024
Fuel-Up on Economic Insights in About Three Minutes
Navigate the ever-changing economic landscape of the construction industry with insights from Michael Guckes, Senior Economist at ConstructConnect.
Learn about the top 3 construction issues our team is monitoring this month:
- Recent Project Stress Index data shows the importance of a diversified project portfolio.
- Bank officer surveys are favoring borrowers again, indicating potentially easier and cheaper commercial and industrial financing ahead.
- December Starts data reveals significant growth in certain segments. Success lives in knowing where to direct your focus.
Construction economic insights you can act on.
About ConstructConnect
Construction Starts Here™ at ConstructConnect, where our mission is to help the construction industry start every project on a solid foundation. A leading provider of software solutions for the preconstruction industry, ConstructConnect empowers commercial construction firms to streamline their workflows and maximize productivity. ConstructConnect operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000.
About Michael Guckes, Chief Economist
Michael Guckes is regularly featured as an economics thought leader in national media, including USA Today, Construction Dive, and Marketplace from APM. He started in construction economics as a leading economist for the Ohio Department of Transportation. He then transitioned to manufacturing economics, where he served five years as the chief economist for Gardner Business Media. He covered all forms of manufacturing, from traditional metalworking to advanced composites fabrication. In 2022, Michael joined ConstructConnect's economics team, shifting his focus to the commercial construction market. He received his bachelor’s degree in economics and political science from Kenyon College and his MBA from the Ohio State University.
