ECONOMICS

Project Stress Index Construction Economy Snapshot

The Project Stress Index tracks stalled or abandoned preconstruction projects over the past 30 days, giving you an early heads-up on potential slowdowns in the market. Stay ahead of risks and plan smarter with real-time industry insights.
 
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The Project Stress Index

The Project Stress Index (PSI) is your early warning system for construction market shifts, tracking delayed, on-hold, and abandoned preconstruction projects over the past 30 days. Using exclusive, seasonally adjusted data, it cuts through the noise to reveal real-time trends in nonresidential, heavy civil, and multifamily construction. By highlighting market slowdowns before they escalate, the PSI helps you stay ahead, mitigate risks, and make smarter business decisions.

NEWEST ECONOMY SNAPSHOT

March 2025 Project Stress Index

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March-PSI

2025

Jan-PSI


2025 January Project Stress Index

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Feb-PSI


2025 February Project Stress Index

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March-PSI


2025 March Project Stress Index

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ABOUT OUR ECONOMIST

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.

Michael