Construction Economic News | ConstructConnect

The Construction Economy Brief - August 2024

Written by Michael Guckes, Chief Economist | Aug 6, 2024 12:39:30 AM

Fuel-Up on Economic Insights in About Three Minutes

Every month, Michael Guckes, Chief Economist at ConstructConnect, brings you a short video to help you navigate the evolving economic landscape of the construction industry. 

Three construction economy issues we’re following this month:

  1. Second Quarter US GDP surprised to the upside
  2. Global supply chains are helping to stabilize material prices
  3. Construction wages continue to rise 

Watch the August 2024 Construction Economy Brief

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