Construction Economic News

Supply chain performance has improved significantly since Q3 2022, reflecting a system with greater free capacity, faster performance times, and...

Michael Guckes, Chief Economist Jul 21, 2023

Trying to get the balance between economic growth and low inflation just right will be an upward challenge, especially in the construction industry.

Michael Guckes, Chief Economist Jul 14, 2023

ConstructConnect’s Expansion Index data through June 2023 showed planned spending growth in the U.S. and Canada at the rate of 16% and 5%,...

Michael Guckes, Chief Economist Jul 11, 2023

ConstructConnect's Project Stress Index is a new resource which tracks changes in the level of projects that are delayed, placed on hold, or...

Michael Guckes, Chief Economist Jul 3, 2023

Falling energy prices across the globe will help revive manufacturing of energy-intensive products, but the U.S. will retain its competitive cost...

Michael Guckes, Chief Economist Jun 29, 2023

Among the drivers of warehouse construction, U.S. e-commerce sales increased by 71% in the three years ending March 31, 2023.

Michael Guckes, Chief Economist Jun 27, 2023

After surging to notable peaks of $1,400 per contract in May 2021, Random Length Lumber has plummeted to $344 per contract as of May 15, 2023.

Michael Guckes, Chief Economist Jun 14, 2023

Banks frequently offer businesses revolving credit lines based on short-term variable rates. The debt crisis could add 1.25% or more to lending...

Michael Guckes, Chief Economist May 31, 2023

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