The Project Stress Index and Geography
The Project Stress Index can help construction professionals understand geographic market changes.
Construction Economic News
Rising Mortgage Rates and Payments Could See Home Prices Fall 20%
30-year mortgage rates are the highest they have been in 14 years, while the average sale price of a new home is up 12% YOY.
Michael Guckes, Chief Economist
May 10, 2023
Canada’s April Jobs Report Reinforces the Prospect of a Waiting Game
The Canadian construction industry added 7,000 jobs in April 2023 and construction employment is +3.4% YOY.
Alex Carrick
May 10, 2023
The Project Stress Index and Public vs. Private Projects
Public and private projects exhibit different stress behaviors that contractors may be able to use this to their advantage per the Projects Stress...
Michael Guckes, Chief Economist
May 5, 2023
An Inconsistent Narrative on the U.S. Labor Market in April’s Jobs Report
The total number of jobs in the U.S. construction sector jumped by +15,000 in April 2023 all from subcontractor trades.
Alex Carrick
May 5, 2023
A Look at the Underlying Insights of the Project Stress Index
The Project Stress Index offers construction firms a powerful understanding of the demand environment for new projects.
Michael Guckes, Chief Economist
May 4, 2023
What’s That You Say? There’s a Bull Stock Market Underway!
By the end of April 2023, NASDAQ has achieved the status of a bull market, with the DJI and S&P 500 nearing bull market territory.
Alex Carrick
May 4, 2023
Is the Banking Industry Failing to See the Value of Construction Lending?
Tightening lending standards are making it harder to secure construction loans despite their relative safety, forcing some contractors to pursue...
Michael Guckes, Chief Economist
May 2, 2023
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.