In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the evolving construction economy landscape.
Construction crews at the $1.6 billion Automotive Energy Supply Corp. (AESC) battery plant in Florence, South Carolina, have been told to pause...
Google will invest $7 billion more in Iowa, expanding its Council Bluffs data center and building a new Cedar Rapids campus to meet rising cloud and...
A city’s architecture, shaped by designers, contractors, and builders, encapsulates its unique character and reflects broader economic and cultural...
Surf parks are now central features in major real estate developments, particularly in Texas.
Meta signed a 20-year nuclear energy agreement with Constellation Energy, securing the entire output of the Clinton Clean Energy Center in Illinois.
The ConstructConnect Project Stress Index tracks changes in the level of US nonresidential construction projects that are delayed, placed on hold, or...
A newly released survey from the Minneapolis Federal Reserve found that construction companies across the Upper Midwest face a tougher-than-expected...
Chief Economist Michael Guckes reports on put-in-place spending data, comparable to work-in-progress payments as buildings under construction proceed...
JBS USA announced Thursday that it will invest $135 million to construct a state-of-the-art sausage production facility in Perry, Iowa.
In Collin County, north of Dallas, a new project called Firefly Park is in the works with an estimated total investment of between $2.5 and $4...
Construction on a new $164 million wastewater treatment facility at Vero Beach, Florida’s regional airport, is set to start in July.
Chief Economist Michael Guckes covers current construction employment trends including job growth, wages, and sector performance.
The US construction market faces economic challenges, yet demand and employment are still growing, while some indicators suggest emerging turbulence
Vertical construction begun on Cosm Atlanta, a 70,000-square-foot, three-level immersive entertainment venue at Centennial Yards’ redevelopment
Construction on the $5 billion Empire Wind offshore wind farm officially resumed after a month-long stop-work order.
Arizona construction crews can now start work earlier during the summer and early fall thanks to a new law signed by Gov. Katie Hobbs on May 13.
Netflix broke ground on a $1 billion film and TV studio at the former Fort Monmouth Army base in New Jersey.
The latest US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist at ConstructConnect.
Construction is underway on the Cider Solar Farm, a $950 million project that will become New York’s largest solar energy facility when completed.
Chief Economist Michael Guckes recaps the Construction Economy Outlook webcast from Spring 2025 including the impact of tariffs, labor, and demand...
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Total, Nonresidential, and Residential Construction...
Detroit’s Lee Plaza is being restored into senior housing, bringing back its iconic Art Deco charm, including the recreation of its stolen lion heads.
The UK-Based maker says the bigger factory in San Antonio will 'mitigate the impact' of tariffs.
Midwestern University reported it is moving forward with an investment of up to $95 million to address student housing needs on its Glendale,...
Alex Carrick explores the changes in nonresidential construction as new sources of demand for construction have arisen to displace some of the old...
Chief Economist Michael Guckes provides the quarterly Construction Starts Forecast and commentary from ConstructConnect.
The White House issued a directive to maximize the speed and efficiency to prevent invasive carp from entering and expanding within the Great Lakes...
Global toy manufacturer the LEGO Group will invest $366 million to build a 2-million-square-foot warehouse and distribution center in Virginia.
LS GreenLink USA broke ground last week on a $680 million underwater cable manufacturing facility in Chesapeake, Virginia.
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the evolving construction economy landscape.
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
Chobani, the leading US yogurt maker, broke ground on April 22 on a $1.2 billion food manufacturing facility in Rome, New York.
Google announced a $3 billion investment to expand its U.S. data center campuses, focusing on Virginia and Indiana, and funded new AI training...
Corning Incorporated announced last week that it is expanding its advanced solar manufacturing operations in Saginaw County, Michigan to $1.5 billion.
The Louisiana Legislature opened its 2025 regular session in April by approving a sweeping list of over $1 billion in highway construction projects
The Antietam School District in Lower Alsace Township, Pennsylvania is moving forward with construction plans for the New Stony Creek Elementary...
Aligned Data Centers announced that it broke ground on PHX-13, the first of four planned data centers at its 100-acre Glendale, Arizona, campus.
Maryland's Carroll County Public Schools is set for a construction push after officials approved plans for additions at six elementary schools.
Churchill Downs Racetrack paused a $920 million expansion project around rising construction costs linked to new tariffs and ongoing economic...
A construction permit application was submitted to the U.S. Nuclear Regulatory Commission for an advanced nuclear project at Dow’s Seadrift Texas...
Construction is underway on the long-awaited King Empowerment Center, the first new school project for Kansas City Public Schools (KCPS) in more than...
The NHL’s Nashville Predators unveil a $650 million plan to completely transform Bridgestone Arena.
Webinar experts suggest strategies to manage tariff impacts in the construction industry.
The latest US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist at ConstructConnect.
Despite substantial investments in the apprenticeship training system by companies and federal and state governments, there is still a chronic...
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
The Atlanta City Council narrowly approved zoning changes Monday for the Amsterdam Walk redevelopment, a retail and entertainment district in Midtown...
ConstructConnect Chief Economist Michael Guckes reports monthly on the latest construction employment and labor data.
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Total, Nonresidential, and Residential Construction...
Alex Carrick on the key inputs to construction materials and the level of imports by the US.
Rising construction material costs make it tough to stick to budgets and finish projects. Here are tips to help contractors manage these challenges.
It appears the New York City suburb of New Rochelle has found a unique way to address the demand for labor in construction: Train your own residents...
NVIDIA announced Monday that it will invest up to $500 billion over the next four years to build artificial intelligence (AI) infrastructure in the...
Alex Carrick writes a column on the potential impact of tariffs on US manufacturing.
Kuna, Idaho is a small city of about 28,000 people, though, it’s expected to see nearly $2 billion in investments from two massive data center...
After years of planning and fundraising, construction has officially started on the $80 million expansion of Tampa, Florida’s Straz Center.
ConstructConnect Chief Economist Michael Guckes on controlling construction material costs as an uphill battle for builders, developers, and...
A $2 billion redevelopment of the GRB Center and surrounding area was named last month by the Houston Mayor’s Office and Houston First Corporation
The U.S. Department of Energy announced changes to permitting processes to expedite infrastructure improvements for construction projects at its 17...
Explore the impact on the cost and availability of imported building materials needed to rebuild those parts of Los Angeles destroyed in the January...
Marine Corps Air Station (MCAS) Cherry Point in North Carolina, started a $1 billion modernization project to support six F-35 Lightning II Joint...
The Daily Commercial News looked at BuildForce Canada’s 2025–2034 Construction and Maintenance Looking Forward report by representation among groups...
Tariffs on steel and aluminum imports could impact the construction costs for the new $1.89 billion terminal at John Glenn Columbus International...
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the evolving construction economy landscape.
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
Louisiana officials announced that Hyundai Steel plans to build a $5.8 billion steel mill in Donaldsonville to support its US auto manufacturing...
NTT Global Data Centers purchased 173 acres in Mesa, Arizona, for $300 million to develop a data center campus, The Arizona Republic reported Friday.
It’s been 12 years since the Circuit of the Americas COTA first opened near Austin and hosted the F1 United States Grand Prix race, but COTA has...
The Meadowlands Chamber of Commerce in East Rutherford, NJ, is advocating for replacing Meadowlands Arena to make way for a multi-use convention...
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
Johnson & Johnson said it would break ground on a 500,000 square foot biologics manufacturing facility in Wilson, North Carolina estimated over $2...
Mississippi is positioning itself as the next big hub for data centers as construction started on another $10 billion data center investment in the...
ConstructConnect Chief Economist Michael Guckes said February’s total construction employment is a marked improvement from recent underwhelming...
ConstructConnect Chief Economist Michael Guckes writes that construction labor remains a primary concern for the industry despite other happenings
The U.S. Department of Energy (DOE) announced the release of $56,787,300 to Holtec International to restart the Palisades Nuclear Plant in Michigan.
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Total, Nonresidential, and Residential Construction...
Bruce Smith Enterprise and The Cordish Companies announced groundbreaking of the Live! Casino & Hotel in Petersburg, Virginia. part of a $1.4 billion...
Alex Carrick writes about the likelihood of a call for a federal general election to clarify leadership for the tariff issues and 51st state talk
The Federal Open Market Committee (FOMC) left interest rates unchanged yesterday at the conclusion of its second of eight regular yearly meetings.
The New York City Economic Development Corporation said its taking applications for the second round of the NYC Mass Timber Studio to support active...
ConstructConnect Chief Economist Michael Guckes writes about construction firms decisions in light of the construction economy, when considering how...
Kerrville City Council, Texas, unanimously approved funding for the Kerrville Public Utility Board's (KPUB) natural gas-fired power generation...
Joe Doucet developed an innovative climate-responsive paint that changes color based on outside temperature to passively reduce energy needs of...
Novva Data Centers and CIM Group announced obtaining $2 billion in financing to complete the construction of a data center campus in Salt Lake City,...
Factory Yards is an ambitious Grand Rapids, Michigan housing retail and event complex planned for a long-disused factory site on the city’s near...
The Port of Houston is witnessing a surge in energy facility infrastructure on the Gulf Coast.
Evergreen Retirement Community announced it acquired the former Kimberly-Clark North Office which is set to undergo a major redevelopment as senior...
Hotel Florence is a 144-year-old Queen Anne beauty that once graced the town of Pullman, where passenger rail cars were made on Chicago’s far south...
The City of New York announced last week that it is seeking a developer to demolish and replace an aging government building in the Financial...
The Oklahoma City Council approved Flintco and Mortenson as the construction management team for the new arena that will become the home of the...
Dallas-based Stream Data Centers has secured approval from the Genesee County Economic Development Center to construct a massive $6.3 billion data...
Chief Economist ConstructConnect Michael Guckes Put-in-Place Forecast work-in-progress payments as buildings under construction proceed to completion
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the evolving construction economy landscape.
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment, wages, and hiring.
The Propel NY Energy Project, a $3.2 billion initiative, aims to modernize New York State’s aging power grid by upgrading 90 miles of transmission...
Apple’s recent announcement of a $500 billion investment in the U.S. over the next four years is a historic commitment that will expand facilities,...
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
Alex Carrick writes on the challenging task of assessing what the economic future might hold. It has, Carrick says, been made exponentially harder.
Chicago's Department of Planning and Development approved site plans for Bally's $2.07 billion Chicago Casino construction project.
Michael Guckes, Chief Economist of ConstructConnect, covers the potential impact of tariffs and the outlook for the construction industry.
Alex Carrick penned a column on his expectations of the US job market and the multiple influences he said are stirring up the labor market.
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
Michael Guckes, Chief Economist ConstructConnect responds to: Will Persistent Inflation and Rising Costs Overwhelm a Pro-Growth Political Agenda?
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Total, Nonresidential, and Residential Construction...
Construction crews are presently working on a series of massive arches atop a new suspension bridge project in Miami
The Trump administration announced a review of California’s high-speed rail project on Thursday as the megaproject has faced cost insufficiencies and...
ConstructConnect said today in its spring construction starts forecast, that Total U.S. Construction Starts are expected to grow by 5.2% in 2025.
Portland, Oregon’s Water Bureau ordered a temporary halt to construction on the $2.1 billion Bull Run Filtration Project following an adverse...
Atlas Development submitted a proposal to Georgia planning officials to build a $4.5 billion data center. ConstructConnect Chief Economist comments...
The City of Boca Raton, Florida, is embarking on a transformative mixed-use redevelopment of its 30-acre Government Campus in a public-private...
Artificial intelligence might not be visible in the real world, but it’s fueling a boom in data center construction in Georgia.
With a shortage of construction labor due to retirement and recent policy changes, the future growth of housing and commercial projects could lie in...
Steel producer ArcelorMittal unveiled plans last week to construct an electrical steel manufacturing facility in Alabama with a $1.2 billion...
Two battery manufacturing projects have been canceled, reflecting the challenges companies face in the competitive and capital-intensive clean energy...
Frontier Scientific Solutions announced the construction start of a large temperature controlled pharmaceutical warehouse at NC Wilmington...
ConstructConnect reports on recent steel and aluminum tariff news and potential implications for the construction industry by Chief Economist Michael...
Crews are currently engaged in crucial preconstruction activities near the Baltimore-area site of the Key Bridge remains.
In an Economics Column, Alex Carrick provides perspective on the potential perils of US tariff action against Mexico and Canada.
Stardust Power said it officially began construction on one of the largest battery-grade lithium refineries in the US at Muskogee, Oklahoma.
The City of Cleveland, Ohio, issued a record $3.11 billion in commercial construction permits in 2024, and megaprojects contributed to the...
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the evolving construction economy landscape.
ConstructConnect reports on recent tariff news and potential implications for the construction industry with comments from Chief Economist Michael...
Cooper University Health Care announced the groundbreaking on the first phase of a $3 billion expansion of its health sciences campus in Camden, NJ.
A slight increase in inflation was reported for December 2024. Chief Economist Michael Guckes adds context for construction professionals.
In an Economics Column, Alex Carrick provides perspective on the demand for electricity that is driving US construction, yet risks remain
Michael Guckes Chief Economist, ConstructConnect, reviews categories and delivers insights into US nonresidential construction starts by dollar...
Detroit is moving forward with a plan to cap part of Interstate 75 which bisects downtown, cutting the central business district off from a...
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment, wages, and hiring.
Rivian announced that it secured a $6.6 billion loan from the US Department of Energy (DOE) to construct a Georgia electric vehicle manufacturing...
A report on US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist at ConstructConnect
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
Chief Economist Michael Guckes provides analysis and insights on construction starts spending results for 2024.
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Nonresidential and Residential Construction Starts
Gov. Jay Inslee approved the Wautoma Solar Project on January 9th. The $400 million infrastructure project will become the state’s largest solar farm.
Alex Carrick provides perspective on the contentious world of US foreign trade in his column.
Megaprojects, massive construction ventures valued at $1 billion or more, continue to shape the US construction industry, and over $500 billion is in...
Plans to convert the former Archdiocese of New Orleans office building into a hotel are back on track two years after the project stalled.
A new US AGC construction survey for 2025 finds that most contractors are optimistic about growth across almost all sectors, but leery of potential...
Alex Carrick provides perspective on 2024 employment data for the US and Canada.
Chicago general contractor Clayco launched Clayco Compute, a new business unit focused on data center construction.
Council members of the West Feliciana Parish in Louisiana have approved a zoning change to construct a $2.5 billion data center.
The City of Corpus Christi is turning to the Gulf of Mexico for a solution to its water shortage with the state’s first municipal ocean desalination...
The NBA said today that an agreement was reached to build a new arena for the Philadelphia 76ers and the Philadelphia Flyers.
Boulder, Colorado is set to break ground on the highly anticipated Downtown Boulder Station gate expansion project
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
A report on US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist ConstructConnect
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment, wages, and hiring.
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
Austin, Texas, is continuing to make progress on its Austin Light Rail project. In December, the $7 billion megaproject's owner announced the...
Chief Economist Michael Guckes provides perspective on the value of the US dollar to help firms understand and manage volatile movements in currency...
Energy company Equinor said in a statement that it secured over $3 billion in financing in December for its Empire Wind 1 project in New York.
Three months after a temporary agreement was reached between dockworkers and their employer, the threat of a longshoremen strike looms again.
The Maryland Transportation Authority (MDTA) project to rebuild the Key Bridge is scheduled to start this week, authorities said (weather permitting)
Constellation Energy announced yesterday it had secured combined contracts worth over $1 billion with the U.S. General Services Administration
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the construction industry’s economic landscape.
Amtrak reached a milestone in the Sawtooth Bridges Replacement Project by selecting a joint venture to handle preconstruction activities, the railway...
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Nonresidential and Residential Construction Starts
The construction industry needs a clearly defined strategy to navigate challenges, such as labor shortages, participants at the Toronto Buildings...
Starting December 30 2024 New York State contractors and subcontractors engaged in public work projects or certain private projects will be required...
Chief Economist Michael Guckes provides analysis and insights on the drivers of the construction economy from the ConstructConnect 2025 outlook
The Federal Open Market Committee cut the benchmark federal funds rate by 0.25%, their third rate cut in 2024.
Chief Economist Michael Guckes analysis and insights on the divergence in the 30-year mortgage rate and the Federal Funds Rate
Dune Real Estate Partners and TF Cornerstone announced a billion-dollar joint venture to convert underused office buildings into residential units
A report on US regional nonresidential construction starts with commentary and analysis from Michael Guckes, Chief Economist at ConstructConnect
The Charleston County School Board approved a $26 million increase to its budget, funding the gap between project approval and rising construction...
Mass Timber Construction (MTC) is ramping up in Texas as more multi-family, commercial, and institutional project proposals come forward.
ConstructConnect a leading provider of software solutions for the preconstruction industry releases the quarterly US and Canada Construction Starts...
NexPoint, a Dallas-based investment firm, is set to break ground soon on the $4 billion Texas Research Quarter, a 91-acre life science campus in...
Alex Carrick provides perspective on: Are there any signals in the current economic data set that suggest residential construction may be on the cusp...
Massachusetts General Hospital received a $100 million donation from entrepreneur Herb Chambers to support the construction of a cancer center
ConstructConnect reports the top ten nonresidential construction starts monthly in the Construction Economy Snapshot from Michael Guckes Chief...
NYC's $10 billion bus terminal rebuild project includes a 2.1 million-square-foot main terminal, new ramps to the Lincoln Tunnel, 3.5 acres of green...
Meta, the parent company of Facebook and Instagram, is set to build a $10 billion artificial intelligence (AI) data center in northeast Louisiana.
Lincoln Property Co. and Goldman Sachs Alternatives broke ground on Northside Logistics Park, a 496,000-square-foot warehouse/distribution center...
Chief Economist ConstructConnect Michael Guckes Put-in-Place Forecast work-in-progress payments as buildings under construction proceed to completion
In a brief video, Michael Guckes, Chief Economist at ConstructConnect, helps industry leaders navigate the construction industry’s economic landscape.
A new resort and arena project, known as LVXP, will rise on the north end of the famous Las Vegas Strip, replacing the canceled All Net Resort...
Chief Economist analyzes the potential impact on construction supply chains should the incoming administration implement tariffs.
ConstructConnect Chief Economist Michael Guckes provides a monthly update on construction employment, wages, and hiring.
The ConstructConnect Project Stress Index is a resource that tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
ConstructConnect Chief Economist Michael Guckes provides insights and analysis monthly on US Nonresidential and Residential Construction Starts
Phase one of Artwalk Towers started construction in Jersey City beginning its journey to topping off at 560 feet lender Kennedy Wilson announced last...
Branch Properties real estate investment development announced a plan to redevelop Gainesville, Georgia’s Lakeshore Mall into a multi-use community.
A spectacular 11-story office tower will form the focal point of a 2.5-acre open-community plaza in San Antonio’s Tech Port district southwest of...
Last week, the US Nuclear Regulatory Commission issued construction permits for Kairos Power’s Hermes 2 advanced test reactor in Oak Ridge, Tennessee.
Construction was set to start on the Riverfront Commons project in Paducah, Kentucky, to improve transportation and build a pier for riverboat...
The latest effort by Detroit-based Basco to repurpose Detroit’s large and abandoned stock of heritage buildings into a contemporary multi-use space.
Arlington VA adopted a policy to revitalize outdated office buildings amid rising vacancy rates and declining property values, faced by many US urban...
ConstructConnect Chief Economist Michael Guckes provides a 2025 full-year outlook for US Construction Starts by building category (type of structure).
ConstructConnect Chief Economist Michael Guckes provides a full-year outlook for total US Construction Starts in the nonresidential, residential, and...
Commonwealth Fusion Systems announced the successful construction and test of a groundbreaking electromagnet, a significant stride forward in fusion...
ConstructConnect Chief Economist Michael Guckes reports on US Real GDP growth, which is expected to move up by 2.6% in 2025.
Two building product manufacturers have updated their involvement in improving carbon emissions from cement and concrete.
Frampton Construction announced plans to build a 300,000-square-foot distribution facility for cookware manufacturer Le Creuset of America in South...
Almost two decades after buying it, the Forbes Company is set to begin construction on the former iconic Kmart HQ site in the affluent northern...
California voters approved Proposition 2 last week, authorizing $10 billion in general obligation bonds to repair, upgrade, and build education...
What were the results for many of the nation’s key economic indicators between 2020 and 2024? The question will eventually become how 2024-2028...
Turner Construction Company broke ground last week on a $2 billion project to expand Vantage Data Centers’ campus in New Albany, Ohio.
The Texas A&M University System’s Board of Regents approved a series of major construction projects totaling more than $500 million.
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