Construction Economic News | ConstructConnect

The Construction Economy Brief - November 2024

Written by Marshall Benveniste | Nov 1, 2024 6:40:45 PM

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. Federal Reserve rate changes positively impacting the Project Stress Index
  2. Rising construction wages, declining material costs
  3. Megaprojects make up 20% of nonresidential builds

Watch the November 2024 Construction Economy Brief

 

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