The ConstructConnect Project Stress Index (PSI), which tracks delayed bid dates, on-hold projects, and abandonments in preconstruction, dropped 0.6 percent in September, the firm reported on October 8.
Tag: ConstructConnect
August Project Abandonments Up 88 Percent from 2024
(09/29/2025)
Compared to August 2024, the Project Stress Index rose 19 percent, largely driven by an 88.2 percent increase in abandonment activity.
According to ConstructConnect’s Project Stress Index (PSI), after reaching historic levels in June, project abandonments dropped by 37 percent in July but remain well above 2024 levels. The PSI closed in July at 114.1,...
Construction starts rose 13 percent year-over-year in May on the back of huge gains in the manufacturing sector. However, abandonments have also jumped 67 percent in the past year.
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