The first half of 2025 brought considerable challenges to the global construction industry. Uncertainty around tariffs drove up material costs, disrupted supply chains, and delayed projects, complicating planning efforts across the sector.
Optimism around rising demand has been tempered by trade policy concerns, prompting firms to focus on managing labor costs—despite ongoing skilled labor shortages. Greater clarity in the months ahead could help unlock growth, as the industry continues to show resilience.
The Construction Insights report provides insights into the key factors that influence the construction sector in 2025, empowering you to make informed decisions for your organization throughout the year.
Key Trends and Challenges:
- The Global Supply Chain Stress Index has stabilized, but remains vulnerable to trade policy shifts, geopolitical tensions, and chokepoint disruptions like those in the Red Sea.
- Labor shortages remain a challenge, especially in skilled trades, where strong demand for specialized property types is intensifying the strain.
- Global construction continues to shift, with office pipelines at a 10-year low, now mostly concentrated in the APAC region. Industrial activity has slowed from post-pandemic peaks, easing below long-term averages.
Download the full report to stay up to date on the dynamics influencing the construction industry in 2025. U.S.-specific data is updated on a regular basis to keep you informed with the latest insights.
