ConstructConnect Launches Monthly Report on Canadian Construction Economy

ConstructConnect has introduced the Canadian Construction Economy Snapshot, a new monthly report designed to provide detailed insights into the country’s construction market. The report will analyze construction starts data across three key sectors: nonresidential building, civil, and residential, offering both national and provincial perspectives.

Each monthly release will break down starts data to the subcategory level, covering specific areas such as power infrastructure, hospitals and clinics, and manufacturing. This granular approach aims to give a clearer picture of where construction activity is taking place.

In addition to data, the report will feature commentary from ConstructConnect’s economics team, explaining the trends and factors behind the month’s numbers. This could include construction employment and wage data, industry events, major project groundbreakings, or any other significant developments shaping the construction economy.

The launch of this report underscores ConstructConnect’s commitment to delivering timely and relevant economic information to stakeholders in the construction sector.