The Facts on the Current Recessionary (?) Economy
U.S. real, i.e., inflation-adjusted, gross domestic product contracted by -0.9% in the second quarter on the heels of a -1.6% slide in the first...
Construction Economic News
2 Key Aspects of Housing Affordability: Mortgage Rates & Price
Chief Economist Alex Carrick breaks down the two key aspects of housing affordability: mortgage rates & price.
Alex Carrick
Jul 26, 2022
12 Mid-July Economic Nuggets
Chief Economist Alex Carrick shares his monthly mid-month nuggets
Alex Carrick
Jul 18, 2022
Nonresidential Construction Starts Trend Graphs - June 2022
Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts.
Alex Carrick
Jul 18, 2022
June's Nonresidential Construction Starts -24% M/M, +15% Y/Y, & +27% YTD
ConstructConnect announced today that May's volume of construction starts, excluding residential work, was $63.4 billion.
Alex Carrick
Jul 18, 2022
Top 10 Project Starts in the U.S. - June 2022
The accompanying table records the top 10 project starts in the United States for June 2022.
Alex Carrick
Jul 18, 2022
In June, Jobs Creation Kept Chugging Along in U.S., Was Derailed in Canada
The U.S. construction sector in June added +13,000 jobs. The monthly average gain for hard hat employment through the first half of 2022 was +21,000...
Alex Carrick
Jul 11, 2022
Once Headliners of a Spectacular NASDAQ Show, FAAMG Group of Companies Take Leave of Center Stage
In the past 52 weeks, the high-to-low changes for the NASDAQ and S&P 500 indices have been -34.8% and -24.5% respectively.
Alex Carrick
Jul 6, 2022
Winning More Work Starts Here: Expert Tips, Market Trends, and Data-Driven Construction Insights
ConstructConnect empowers construction professionals with data-driven insights, market trends, and expert analysis to help you build smarter and win more work. Our blog covers preconstruction strategies, economic forecasts, tech innovations, and industry best practices. Whether you're a contractor, subcontractor, architect, or supplier, stay informed and competitive with timely, expert content. Explore our latest articles and get the insights you need to stay ahead.