Items Tagged with 'construction growth'

Commercial construction appears strong at year’s end, but new data and field reporting reveal a more complicated picture beneath the surface. What’s really driving the market now? 

Contractors face rising materials costs and shifting market signals as new ABC data point to softening backlog and confidence heading into 2026.

July’s payrolls grew by a meager 73,000, falling short of expectations; May and June numbers were each revised downward, while earnings remained flat.

Global construction volume will grow by 1.2% this year and by 3% annual average over the rest of the decade, forecasts London-based Global Construction Perspectives in a report released Jan. 23.

The ink barely had dried on this year’s batch of construction market forecasts when economists had to take a second look at their numbers to evaluate the impact of Donald Trump’s victory in the presidential election, which brought with it a Republican-controlled Senate and House.