Economy


  • President Trump Holds "Make America Wealthy Again Event" In White House Rose Garden
    Image attribution tooltip
    Andrew Harnik/Getty Images via Getty Images
    Image attribution tooltip

    Sweeping new tariffs put future construction projects at risk

    Despite exemptions for key building materials, import taxes announced Wednesday by President Donald Trump could lead to a slowdown in new work, experts say.

    By April 3, 2025
  • An ironworker on a construction jobsite.
    Image attribution tooltip
    kali9 via Getty Images
    Image attribution tooltip

    Hiring slows amid economic uncertainty

    Job openings data indicate contractors are reluctant to dismiss workers, even as unfilled positions fell year over year.

    By April 2, 2025
  • Heavy machinery sits near the Broad River
    Image attribution tooltip
    Sean Rayford/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    Public projects boost construction spending to $1.26T high

    Civil outlays in February fueled a record month for expenditures, but interest rates and tariff concerns continue to slow private growth.

    By April 2, 2025
  • President Donald Trump attends a cabinet meeting at the White House on Feb. 26, 2025.
    Image attribution tooltip
    Andrew Harnik via Getty Images
    Image attribution tooltip

    Trump’s tariffs: Tracking the status of international trade actions

    The U.S. has rolled out a deluge of tariffs, sparking responses from trading partners. Here's where each tariff – threatened or realized – currently stands.

    By Philip Neuffer , Edwin Lopez • March 31, 2025
  • Construction site in Dubai, featuring a yellow tower crane against a backdrop of modern skyscrapers and a partly cloudy sky.
    Image attribution tooltip
    frantic00 via Getty Images
    Image attribution tooltip
    Sponsored by RSM US LLP

    Construction and real estate companies can prepare for tax changes under Trump

    How construction and real estate firms can prepare for tax changes under a Trump-led government in 2025.

    By Marlon Fortineaux, Real Estate Tax Leader; Gene Garcia, Senior Analyst; Mac Carroll, Senior Analyst • March 31, 2025
  • Aerial view of Everbank Stadium in Jacksonville, Florida.
    Image attribution tooltip
    Wirestock via Getty Images
    Image attribution tooltip
    Economic Reports

    The 9 largest commercial construction starts of February 2025

    Groundbreakings held steady following a slow start to the year, with commercial activity offsetting slowdowns in multifamily and manufacturing, according to Dodge Construction Network.

    By March 27, 2025
  • Construction workers help build a condo tower
    Image attribution tooltip
    Joe Raedle/Getty Images via Getty Images
    Image attribution tooltip
    Q&A

    The construction materials most at risk for tariffs

    Rebar, structural steel, piping and ductwork are all facing price volatility, according to Skanska USA Building executive Steve Stouthamer.

    By March 25, 2025
  • Jerome Powell
    Image attribution tooltip
    Chip Somodevilla via Getty Images
    Image attribution tooltip

    Fed holds main rate steady, forecasts higher inflation, slower growth

    “Growth looks like it's maybe moderating a bit, consumer spending moderating a bit, but still at a solid pace,” Fed Chair Jerome Powell said during a press conference.

    By Jim Tyson • March 20, 2025
  • In an aerial view, an Amazon Web Services data center is shown situated near single-family homes on July 17, 2024 in Stone Ridge, Virginia.
    Image attribution tooltip
    Nathan Howard/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    Construction planning posts smaller gains

    Data centers kept momentum afloat in February, while institutional sectors lost steam, according to Dodge Construction Network.

    By March 17, 2025
  • Two construction workers look at a phone
    Image attribution tooltip
    iStock/Katarzyna Bialasiewicz via Getty Images
    Image attribution tooltip

    Construction job openings drop 42% YOY as labor churn accelerates

    Demand for construction workers has softened in recent months amid uncertainty stemming from President Donald Trump’s tariffs.

    By March 17, 2025
  • A long underground tunnel, dimly lit, is filled with all manner of construction equipment.
    Image attribution tooltip
    Courtesy of HS2
    Image attribution tooltip

    Balfour Beatty wary of tariffs amid profit dip

    The London-based builder reported a jump in U.S. backlog and continues to see value in infrastructure work, but increased material prices could cause more pain.

    By March 14, 2025
  • Newly-installed solar panels face the sky at the construction site of a new solar energy park as wind turbines spin behind in Germany.
    Image attribution tooltip
    Sean Gallup via Getty Images
    Image attribution tooltip

    IRA credits, energy demand continue to drive renewables investments

    Despite the Trump administration’s focus on fossil fuels and opposition to the IRA, analysts anticipate the renewables market will continue benefiting from high energy demand.

    By Diana DiGangi • March 14, 2025
  • Construction workers help build a condo tower using steel rebar on Feb. 10, 2025, in Miami, Fla.
    Image attribution tooltip
    Joe Raedle/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    Nonresidential construction prices notch ‘far-too-hot’ 9% annualized gain

    Goosed by trade fears and rising iron, steel and lumber costs, inputs are likely to post year-over-year jumps for 2025, according to Associated Builders and Contractors.

    By March 13, 2025
  • Protesters rally outside of the Theodore Roosevelt Federal Building.
    Image attribution tooltip
    Alex Wong via Getty Images
    Image attribution tooltip
    Deep Dive

    How DOGE will impact Washington, DC-area apartment owners

    Cuts to the federal workforce have multifamily pros wondering about potential effects on one of the country's hottest markets.

    By Leslie Shaver • March 13, 2025
  • Construction continues on a mixed-use apartment complex in Los Angeles
    Image attribution tooltip
    Mario Tama/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    Large construction firms expand backlogs as smaller firms struggle

    The amount of work on builders’ books highlights a growing divide between contractors based on size, according to Associated Builders and Contractors.

    By March 12, 2025
  • Construction workers with masks working during the COVID-19 pandemic
    Image attribution tooltip
    Joe Raedle/Getty Images via Getty Images
    Image attribution tooltip
    Deep Dive

    5 years after COVID hit, contractors still wait for prices to come down

    Although supply chains have rebounded, material costs are 40% higher than before the global pandemic started, and new tariffs could bring more hikes.

    By March 11, 2025
  • A professional podcast mic hangs in the foreground in an orange room with an "on air" sign in the background.
    Image attribution tooltip
    avdyachenko via Getty Images
    Image attribution tooltip

    Top construction-related podcasts

    The AEC industry boasts a vast offering of informative, on-demand programs. Here are some to add to your playlist.

    By Updated March 27, 2025
  • A construction worker builds support column
    Image attribution tooltip
    Joe Raedle/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    February 2025 economic roundup

    Indicators still point to overall strength in construction, but short-term headwinds could derail that positivity.

    By March 11, 2025
  • A colorful stock market ticker
    Image attribution tooltip
    lucadp via Getty Images
    Image attribution tooltip

    Public builders bullish on infrastructure, data centers, energy

    Executives largely brushed off tariff and policy concerns on their latest round of earnings calls.

    By Construction Dive Staff • March 10, 2025
  • Construction workers build a mixed-use apartment complex
    Image attribution tooltip
    Mario Tama/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    More private construction projects face delays

    Non-public work posted a 36.7% jump year over year in on-hold activity, according to the latest Project Stress data from ConstructConnect.

    By March 6, 2025
  • Wall Street
    Image attribution tooltip
    Michael M. Santiago via Getty Images
    Image attribution tooltip

    Tutor Perini unfazed by Trump’s tariff, funding actions

    New CEO Gary Smalley said on a recent earnings call that he will focus on returning to profitability and that he doesn’t think the firm’s projects will be defunded.

    By March 4, 2025
  • A wall surrounds a construction site on the UCSF Parnassus campus.
    Image attribution tooltip
    Justin Sullivan/Getty Images via Getty Images
    Image attribution tooltip
    Economic Reports

    Construction spending stalls despite data center boom

    A slight uptick in January was “far from encouraging,” according to ABC’s chief economist.

    By March 4, 2025
  • President Donald Trump takes a question from a reporter
    Image attribution tooltip
    Andrew Harnik/Getty Images via Getty Images
    Image attribution tooltip

    Trump’s new tariffs add pressure to construction pipeline

    Higher fees on materials from Canada, Mexico and China will further squeeze project budgets and likely lead to delays and cancellations.

    By March 4, 2025
  • Wall street sign in New York City with New York Stock Exchange background
    Image attribution tooltip
    lucky-photographer via Getty Images
    Image attribution tooltip

    MasTec positions itself for oil and gas ‘renaissance’

    The Coral Gables, Florida-based specialty contractor’s CEO said the company is positioned to capitalize on demand for energy and telecommunications infrastructure work.

    By March 3, 2025
  • Freight rail cars carrying lumber sit on rail tracks
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip

    Trump orders review of wood supply chain

    Over the next year, various U.S. departments will assess whether tariffs, quotas or updated permitting processes could help limit the country’s reliance on foreign timber and lumber.

    By Edwin Lopez • March 3, 2025