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.