The Benefits of Watching Your Customers' Customers
As early as July 2021, consumer sentiment readings started falling before hitting an all-time low reading of 50 in June 2022.
Construction Economic News
Large Domestic Banks Grow Their Loan Portfolios at Fastest Pace in 14 Years, Can it Last?
Large U.S. domestic banks in September 2022 had $1.46 trillion* in commercial and industrial loans outstanding, an 18% increase from a year ago.
Michael Guckes, Chief Economist
Sep 22, 2022
Rising Interest Rates Further Slowing Investment Spending
Learn how rising interest rates are further slowing investment spending and that's impacting the construction industry & tips on how to mitigate the...
Michael Guckes, Chief Economist
Sep 20, 2022
September Expansion Pace Quickens on Gains in Medical, Government, & Community
ConstructConnect’s Expansion Index for September 2022 was 10% and 20% higher overall in Canada and the United States, respectively.
Michael Guckes, Chief Economist
Sep 15, 2022
How U.S. Building Product Manufacturers Can Help Combat Europe’s Energy Crisis
The price spread between European and U.S. natural gas has grown to unprecedented levels, largely due to Russia’s closure of major pipelines to EU...
Michael Guckes, Chief Economist
Sep 9, 2022
Broad Measures of Supply Chain Improvements Mask Specific Problems Across Nation
Despite the recent improvement of supply chain performance, specific supply chain problems continue to frustrate specific areas and regions.
Michael Guckes, Chief Economist
Sep 2, 2022
Despite Sector Headwinds, Multifamily Housing Has A Great Future Potential
Residential construction firms can guard against a market correction by understanding the factors that affect the single and multi-family housing...
Michael Guckes, Chief Economist
Aug 31, 2022
Improving Supply Chain Performance From Weakening Demand, Not Improved Service or Capacity
The August 2022 data by the New York Federal Reserve for their Empire State Manufacturers Delivery Time Index pointed to a slight contraction of...
Michael Guckes, Chief Economist
Aug 17, 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.