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AI-based tool tracks US construction activity, slowdowns

April 15, 2020

A new, artificial intelligence-driven tool uses live field data to measure the ups and downs of U.S. commercial construction activity since the COVID-19 pandemic began.

Unlike many macroeconomic indicators that tend to lag, the OxBlue Activity Index from construction technology provider OxBlue is based on near real-time data created by measuring activity on sites where OxBlue cameras are in effect​. OxBlue researchers run the data through algorithms that can extrapolate the information to a national level, said OxBlue CEO Chandler McCormack.

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