Uncertainty was a prominent theme in 2025, whereas clarity is expected to define 2026. Most of the turbulent geopolitical issues and fiscal policies that contributed to construction price fluctuations in 2025 have now been resolved, helping restore confidence across the industry.
Construction sector sentiment has improved, and most companies expect increased activity in 2026. Clearer cost expectations and more predictable policy conditions are enabling companies to re-engage in planning for the year ahead.
Risks remain, including inflationary pressure tied to elevated tariff costs and ongoing labor shortages. However, companies have become adept at working in this high-cost environment and leveraging creative strategies to complete projects.
The Construction Insights report provides insights into the key factors that influence the construction sector in 2025 and beyond, empowering you to make informed decisions for your organization throughout the year.
Key Trends and Challenges:
- Global supply chains are stable heading into 2026, though still exposed to trade, geopolitical, and shipping-lane risks.
- Labor pressures have eased, but skilled-worker shortages persist and continue to raise project costs.
- Office and industrial pipelines contracted in 2025, with activity remaining concentrated in APAC.
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.