The Construction Economy Brief, January 2025

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 economic issues to know:

1. Expect rising material and labor costs in 2025
2. Data centers send office put-in-place forecast higher
3. Contractors earned revenues from data centers triples in four years

Watch the January 2025 Construction Economy Brief

Construction economy news and insights you can act on.

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About ConstructConnect

At ConstructConnect, our software solutions provide the information construction professionals need to start every project on a solid foundation. For more than 100 years, our keen insights and market intelligence have empowered commercial firms, building product manufacturers, trade contractors, and architects to make data-driven decisions, streamline preconstruction workflows, and maximize their productivity. Our newest offerings—including our comprehensive, AI-assisted software—help our clients find, bid on, and win more projects.

ConstructConnect operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000.  

For more information, visit constructconnect.com