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Alex Carrick

Alex Carrick is Chief Economist for ConstructConnect. He has delivered presentations throughout North America on the U.S., Canadian and world construction outlooks. Mr. Carrick has been with the company since 1985.

Blog Feature

Economic News

By: Alex Carrick
September 27th, 2021

Two of the major themes that will be governing U.S. construction activity as the coronavirus-caused downturn recedes into legend will be electrification and decarbonization. In most ways, they are two sides of the same coin, with the former seen by many in public governance, with environmental think tanks, and even among the general populace, as the best way to achieve the latter.   

Blog Feature

Economic News

By: Alex Carrick
September 20th, 2021

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

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Blog Feature

Economic News

By: Alex Carrick
September 20th, 2021

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs.

Blog Feature

Economic News

By: Alex Carrick
September 20th, 2021

It would be comforting to think the post-pandemic economic recovery will proceed along the same path as other post-recession recoveries. No doubt there will be some similarities; but there will also be major differences.

Blog Feature

Economic News | Industry Snapshot

By: Alex Carrick
September 16th, 2021

High-Tech Giants Step to the Plate ConstructConnect announced today that August 2021's volume of construction starts, excluding residential work, was $33.0 billion (see shaded green box, bottom of Table 8 below) a decrease of -14.2% vs July 2021's level of $38.5 billion (originally reported as $37.6 billion).

Blog Feature

Economic News | Industry Snapshot

By: Alex Carrick
September 16th, 2021

The accompanying table records the top 10 project starts in the United States for August 2021.

Blog Feature

Economic News | Industry Snapshot

By: Alex Carrick
September 16th, 2021

Clichés are often true and it is the case that a picture can be worth a thousand words.

Blog Feature

Economic News

By: Alex Carrick
September 13th, 2021

According to Statistics Canada, the Canadian total jobs count climbed by +90,000 in August to sit at just under 19 million. The year-over-year gain in employment has been only slightly under a million jobs (+958,000). Ontario (+419,000 jobs) and British Columbia (+201,000 jobs) have been the two provinces with the best records in nominal jobs creation over the past 12 months.

Blog Feature

Economic News

By: Alex Carrick
September 8th, 2021

U.S. Economy Stumbling Blocks A year and a half into the coronavirus health crisis, the economies of the United States and Canada have been running into some stumbling blocks. In the United States, GDP growth in Q1 and Q2 of this year, at +6.3% and +6.5% respectively (quarter to quarter annualized), was looking pretty good, and not far out of line with the +7.0% forecast figure for the full year adopted by many analysts. But the third quarter has not been looking as sparky.

Blog Feature

Economic News

By: Alex Carrick
September 3rd, 2021

August’s Employment Situation report from the Bureau of Labor Statistics says that the total number of jobs in the U.S. economy rose by +235,000 in the latest month. A gain of nearly a quarter of a million jobs may sound like a lot, but in the grand scheme of things, it’s rather tame.