U.S. Inflation and Wholesale Prices Cool, but Oil Risk Clouds Outlook for Construction
U.S. consumer and wholesale inflation both cooled in June, easing immediate pressure on the Federal...
Devin Bell, Associate Economist
Devin Bell joined ConstructConnect as the Associate Economist in April 2025, tracking key industry construction trends and data. He reports on industry-leading indicators, including the Project Stress Index, the Expansion Index, and the Data Center Report. He is currently pursuing a master’s degree in economics.
Project Stress Index™ Rises in June with Increase in Abandonments and On Hold Activity
The ConstructConnect Project Stress Index™ (PSI) closed June 2026 at 109.0, marking a 23.9%...
ICE Enforcement Cut Construction Labor Supply, NBER Paper Finds
Construction employment growth has been slow over the past two years, with immigration enforcement...
Inflation Could Accelerate According to NABE Survey: What it Means for Construction
Higher inflation expectations could cause the Federal Reserve to hold rates steady, as the majority...
Oil Prices Retreat After US-Iran Deal, but Construction Inputs May Stay Under Pressure
Oil prices eased after the U.S.-Iran agreement, offering possible relief for energy-driven...
Amazon-Backed Nuclear Energy Company Receives Environmental Approval
Nuclear startup X-energy cleared a major regulatory hurdle last month when the U.S. Nuclear...
White-Collar Hiring Slump Clouds Office Recovery
Recent labor data suggests white-collar hiring has lost substantial momentum, undercutting the...
Surging Energy Prices Hit Inflation Report, Highest Annual Level in Over Three Years
The Consumer Price Index (CPI), a key gauge of consumer inflation, rose 4.2% over the last twelve...
June Expansion Index Extends Growth Streak at Eleven Months
The Expansion Index for June came in at 1.50, representing a 50% year-over-year increase in ideated...
Project Stress Index™ Falls in May, Led by Fewer Abandoned Projects
The ConstructConnect Project Stress Index™ (PSI) closed May 2026 at 90.2, a 6.7% decline from...