Divergence in Single & Multi-Family Markets Further Widens
The August multi-family permit count at 621,000 is the highest, seasonally adjusted reading since 1997.
Construction Economic News
Foreign Trade Balance & Value of Greenback Moving Counterintuitively
The U.S. foreign trade balance is improving significantly, while the value of the U.S. dollar is rising, making imports cheaper and exports more...
Alex Carrick
Sep 29, 2022
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.
Michael Guckes, Chief Economist
Sep 29, 2022
Making the Case for Not Overreaching With Interest Rate Increases
U.S. all-items CPI-U increase, is +8.3% y/y and the core rate, which leaves out price-volatile food and energy items, is +6.3% y/y.
Alex Carrick
Sep 27, 2022
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
U.S. & Canadian Housing Starts Not Yet Humbled by Higher Interest Rates
U.S. housing starts SAAR through August 2022 have been 1.635 million units, a +3.3% increase versus last year’s Jan-Aug average of 1.583 million units
Alex Carrick
Sep 22, 2022
September’s Mid-Month Economic Nuggets Report
September’s Mid-Month Economic Nuggets Report - With an Emphasis on Manufacturing Shipments & New Orders
Alex Carrick
Sep 20, 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
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.