Contractors Breathe ‘Sigh of Relief’ as Project Stress Drops

January 15, 2025

The construction industry posted a significant decline in project stress last month, showing much-needed progress after a volatile year, according to the latest data from Cincinnati-based ConstructConnect. The Project Stress Index, a measure of construction projects that have been paused, abandoned or have a delayed bid date, fell 7.4% in December. That figure still remains 5.6% above 2021 levels, but far below its January 2024 peak, said Michael Guckes, chief economist at ConstructConnect.

Read more.