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The question of how import tariffs could affect heavy equipment pricing has hung above the industry this entire summer construction season, but prices have held steady, or even dropped.

The producer price index for materials and services used in nonresidential construction rose 0.2% in August and 2.5% from the same month in 2024.

Although inflation has eased since the pandemic, union and open shop craftworkers continue to garner historically high wage increases.

Construction industry executives report little change in sentiment between Q2 and Q3. ENR’s Confidence Index rose one point to a still slightly pessimistic 48 rating this quarter.

As uncertainty continues to plague the economy as a whole, industry experts note the effects on construction trends as materials prices, labor woes and other concerns cause turmoil.

Work halt on nearly complete $6-billion union construction project would cause “irreparable harm,” D.C. judge said, as Canada propels effort to develop its offshore wind market, which could send power to the U.S. 

A new rail link through the Alps passed a key milestone Sept. 18 when mining crews broke through the last diaphragm of a 57.5-km (35.7-mile) exploratory tunnel connecting Italy and Austria.

The Navy has tapped eight firms for a multibillion-dollar Pacific construction contract—part of a broader push to accelerate defense infrastructure across the region.

India’s $1.4T infrastructure drive took center stage at the RAHSTA Expo in Mumbai, where leaders debated financing, digital tools and sustainable highways shaping global opportunities.

Eight new buildings surrounding Boston's famed Fenway Park will include commercial, residential and retail uses.