Nonresidential construction planning built on its late-2024 momentum with growth in all sectors to kick off 2025. But contractors still face a number of headwinds that could derail momentum.

Energy price spikes and a rush to buy materials ahead of tariff deadlines caused a 1.4% jump in input costs in January, the largest monthly increase in two years. Some developers, who are already operating in a high-cost environment, are increasingly opting to delay projects rather than absorb those price hikes.

That hesitation showed in construction groundbreakings, which pulled back in January largely due to a slowdown in nonresidential building activity on the private side. Construction spending, on the other hand, barely moved, even as data center activity propped up overall numbers.

Nevertheless, construction confidence remains relatively strong. Builders still anticipate sales growth in the months ahead, but their outlook depends on whether interest rates ease and material costs eventually stabilize.

Here, Construction Dive rounds up the latest key construction industry data.