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The Construction Economics Brief - March 2024 Blog Feature

By: Michael Guckes, Chief Economist on March 14, 2024

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The Construction Economics Brief - March 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.

Top construction economy issues our team is monitoring this month:

  1. Inflation, interest rate risk, and the Project Stress Index

  2. Commercial real estate debt  

  1. Construction labor force trends

Don’t miss the construction economic insights you can act on.

Start every project on a good foundation.

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.