Broad measures of the economy through mid-February continue to signal that consumer and business conditions overall are doing better than were expected just months ago when many were questioning just what kind of recession to expect in 2023. However, broad measures of economic performance can easily hide the strength or weakness of specific industries, including construction.
For this reason, ConstructConnect works tirelessly to build, maintain, and analyze a wide range of proprietary construction data. The latest addition to this repository is the Project Stress Index, or PSI, which tracks changes in the level of projects that are delayed, placed on hold, or abandoned.
While all resources in the ConstructConnect library are construction focused, this one is unique in that it uses weekly construction activity data and can drill down to the state level.
Read more here.
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