{"id":17451,"date":"2023-05-24T23:16:41","date_gmt":"2023-05-25T06:16:41","guid":{"rendered":"https:\/\/essential.construction\/news\/guckes-constructconnects-project-stress-index-may-20-2023\/"},"modified":"2023-05-24T23:16:43","modified_gmt":"2023-05-25T06:16:43","slug":"guckes-constructconnects-project-stress-index-may-20-2023","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/guckes-constructconnects-project-stress-index-may-20-2023\/","title":{"rendered":"Guckes: ConstructConnect&#8217;s Project Stress Index &#8211; May 20, 2023"},"content":{"rendered":"<p> <a href=\"https:\/\/essential.construction\/files\/membership-default-internal\/\" class=\"memberhide\"><img decoding=\"async\" src=\"https:\/\/essential.construction\/news\/wp-content\/uploads\/sites\/15\/2023\/01\/20220718_175041000_iOS.jpg\" alt=\"-\"><\/a><br\/><br \/>\n<\/p>\n<div>\n<p>\u00a0<\/p>\n<p><em>ConstructConnect\u2019s Project Stress Index is a new resource\u00a0that tracks changes in the level of projects that are delayed, placed on hold, or abandoned based on weekly construction activity data.<\/em><\/p>\n<p>\u00a0<\/p>\n<h3><strong>Project Stress Index: +5.5% YOY<\/strong><\/h3>\n<p>Project stress levels for the 30-day period ending May 20, 2023, finished almost unchanged from year-ago levels, however, the Index was up 5.5% from a week ago.<\/p>\n<p>The weekly gain was driven by higher levels of projects placed on hold and abandoned. Projects on hold are 9.9% and 7.4% higher than year-ago and week-ago levels, respectively.<\/p>\n<p>Similarly, annual and week-ago abandoned counts are higher by 7.1% and 8.8%, respectively. These latest results extend an important but hidden trend in the Composite readings, which began in early April: a decline in delayed project volumes is being offset by elevated levels of on hold and abandoned projects.<\/p>\n<p><strong>Read more here: <\/strong><a rel=\"nofollow noopener\" href=\"https:\/\/www.constructconnect.com\/construction-economic-news\/constructconnects-project-stress-index\" target=\"_blank\">https:\/\/www.constructconnect.com\/construction-economic-news\/constructconnects-project-stress-index<\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5143531171910809\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- News - Bottom -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-5143531171910809\"\r\n     data-ad-slot=\"8320848692\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/canada.constructconnect.com\/dcn\/news\/economic\/2023\/05\/guckes-constructconnects-project-stress-index-may-20-2023\" rel=\"nofollow noopener\" target=\"_blank\">This article was originally posted at Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0 ConstructConnect\u2019s Project Stress Index is a new resource\u00a0that tracks changes in the level of projects that are delayed, placed &#8230; <a title=\"Guckes: ConstructConnect&#8217;s Project Stress Index &#8211; May 20, 2023\" class=\"read-more\" href=\"https:\/\/essential.construction\/news\/guckes-constructconnects-project-stress-index-may-20-2023\/\" aria-label=\"Read more about Guckes: ConstructConnect&#8217;s Project Stress Index &#8211; May 20, 2023\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1037],"tags":[357,295],"class_list":["post-17451","post","type-post","status-publish","format-standard","hentry","category-daily-commercial-news","tag-blog","tag-technology","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/17451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/comments?post=17451"}],"version-history":[{"count":0,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/posts\/17451\/revisions"}],"wp:attachment":[{"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/media?parent=17451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/categories?post=17451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/essential.construction\/news\/wp-json\/wp\/v2\/tags?post=17451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}