Uncertainty shaped 2025, while greater operational stability is expected to define 2026. Although some geopolitical and policy risks have moderated, construction cost pressures remain elevated and supply chain strains have re-emerged, with the Global Supply Chain Pressure Index above its long-run benchmark.
Construction sector sentiment is improving, with firms anticipating higher activity as credit conditions gradually ease and pipeline visibility strengthens. Greater clarity around trade policy and input costs is enabling organizations to focus more on execution than defense.
Risks persist, including tariff-related inflation, renewed supply chain fragility, and ongoing skilled labor shortages. While overall labor pressures have moderated, regional constraints continue to sustain cost pressures, and the global construction pipeline is softening, with office and industrial activity remaining subdued in several regions.
The Construction Insights report provides insights into the key factors that influence the construction sector in 2026 and beyond, empowering you to make informed decisions for your organization throughout the year.
Key Trends and Challenges:
- Global supply chain pressures have re-intensified, exceeding long-run benchmarks amid trade and geopolitical risks.
- Labor constraints have eased overall, but skilled-worker shortages continue to elevate costs.
- Office construction is declining globally, while industrial activity remains subdued in the Americas and EMEA.
Download the full report to stay up to date on the dynamics influencing the construction industry in 2026.
