Tag: abandonments
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Private construction steadies, but public abandonments jump
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Construction stress improved in August after a sharp spike earlier this year, but there’s been some erosion in public projects, according to the latest data from Cincinnati-based ConstructConnect. The Project Stress Index, a measure of construction projects…
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Private delays, abandonments drive project stress higher
Project stress rose again in April with the private sector nearing a multi-year high in abandonments, 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, climbed 1.5% in April. The jump marks a 16% increase over…
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‘Unwelcome surge’ of project abandonments hits construction
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Project stress picked back up in March as rising uncertainty led more developers to abandon projects, according to the latest data from Cincinnati-based ConstructConnect. The Project Stress Index, a measure of construction projects that have been paused,…