ENR 2025 Fourth Quarterly Cost Report
December 23, 2025
ENR 2025 Fourth Quarterly Cost Report
December 23, 2025Collage illustration by Scott Hilling/ENR, original hands holding geometric shapes, corner circular rainbow, globe held in hands, dollar sign, geometric lines and arcs on a globe, flight plan chart, video game controller and globe all by Getty Images/CSA-Printstock, thin arrows in red and black original artwork by Getty Images/Deagreez
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ENR 2025 4Q Cost Report (PDF)
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Data center construction continues to rise, accounting for a large amount of work in the past year.
Economists expect the industry’s current challenges to continue as planning stages lengthen amid tariff confusion.
The fourth quarterly cost report takes a closer look at these issues alongside the general economic outlook, equipment prices and the international economic climate.
In the quarterly confidence index, survey data shows that confidence among executives is up, despite growing challenges.
Confidence Index
Construction Execs Report Increased Optimism for 2026
Expectation of lower project costs a primary driver
Equipment
Steady Slide in Used Machine Prices at Resale and Auction Closes Out the Year
Industry analysts expect trend in softening prices to continue into 2026
International
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