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By: Marshall Benveniste on May 16, 2024
Media Alert: ConstructConnect Economist Michael Guckes on Marketplace Morning Report
Michael Guckes, Sr. Economist, ConstructConnect, was featured on the Marketplace Morning Report broadcast on March 13, 2024. Guckes was interviewed for Commercial construction has hit a brick wall. Why? which covered the impact of elevated interest rates, restrictive bank lending, and building-use trends on the industry.
”We’re seeing many more projects that are being abandoned, and I think that much of that has to do with the financial markets,” Guckes said.
For the full story, read or listen here.
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About Marketplace
Marketplace is a public media outlet founded in 1989 whose broadcast portfolio is heard by more than 11.7 million weekly listeners on more than 800 public radio stations nationwide. They have won numerous awards for economic coverage, including the George Foster Peabody Award, the Gerald Loeb Award, and the Gracie Award.
About ConstructConnect
Construction Starts Here™ at ConstructConnect, where our mission is to help the construction industry start every project on a solid foundation. A leading provider of software solutions for the preconstruction industry, ConstructConnect empowers commercial construction firms to streamline their workflows and maximize productivity. ConstructConnect operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000.
ConstructConnect Economic Group media inquiries, please contact economics@constructconnect.com
About Marshall Benveniste
Marshall Benveniste is a writer and Senior Content Marketing Manager at ConstructConnect with the Economics Group. Marshall has written on various topics for the construction industry, including strategies for building product manufacturers, artificial intelligence in construction, and data-driven decision-making. Before joining ConstructConnect in 2021, Marshall spent 15 years in marketing communications for financial services and specialty construction firms. He holds a PhD in organizational management.
