THE INTERCONNECTION BETWEEN THE CONSTRUCTION MARKET AND ECONOMIC CYCLES

This article analyzes the relationship between the construction market and economic cycles. As an important component of the economy, the construction sector significantly influences economic growth, employment levels, and investment activity. The study examines the development trends of the construction market during periods of economic expansion and recession, as well as the role of housing and infrastructure projects in economic processes and changes in investment flows. In addition, the impact of inflation, interest rates, and government policies on the construction sector is discussed through economic analysis. The research findings demonstrate the importance of the construction market in ensuring economic stability.