Tag: spending
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2026 Construction Industry Outlook: Flat Spending, Rising Costs and a Shift Toward Smarter, Longer-Lasting Infrastructure
The construction industry is heading into 2026 with a mix of stubborn challenges and new opportunities. ForConstructionPros.com has received reports from multiple companies pointing to an industry that will confront tight labor conditions, rising material costs and uneven regional demand, even as investment grows in smarter systems, digital tools and long-term resilience. Despite ongoing economic…
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ABC: Pre-Shutdown Nonresidential Construction Spending Slips in August
National nonresidential construction spending edged down 0.2% in August, according to an Associated Builders and Contractors analysis of new U.S. Census Bureau data. On a seasonally adjusted annual rate, spending reached $1.24 trillion. Ten of the 16 nonresidential subcategories posted monthly declines. Private nonresidential spending fell 0.3%, while public-sector spending dipped 0.1%. Industry economist Anirban…
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Nonresidential construction spending falls for 3rd time in 4 months
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Nonresidential construction spending dipped 0.2% in August to a seasonally adjusted annual rate of $1.24 trillion, according to U.S. Census Bureau data. Private and public nonresidential spending fell 0.3% and 0.1% respectively, according to the…
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Tutor Perini posts $21.6B backlog, buoyed by infrastructure spending
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Tutor Perini racked up $2 billion in new awards and contract adjustments in the third quarter and its existing jobs remain on track despite President Donald Trump’s threats to pull funding from major infrastructure builds,…
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Tutor Perini posts $21.6B backlog, buoyed by infrastructure spending
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Tutor Perini racked up $2 billion in new awards and contract adjustments in the third quarter and its existing jobs remain on track despite President Donald Trump’s threats to pull funding from major infrastructure builds,…
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US Construction Spending Slowdown Impacts 2025 Machinery Sales
There isn’t much sign of optimism for the residential construction market, even allowing for an interest rate reduction by The Fed. Typically, an interest rate reduction would see mortgages become more affordable and drive housing activity. However, the cost of housing remains very high, limiting affordability for first-time buyers even with a reduction in interest…
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Construction spending slide deepens | Construction Dive
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Nonresidential construction spending slipped 0.2% in July to a seasonally adjusted annual rate of $1.24 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data. Private nonresidential outlays dropped 0.5% for…
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Construction spending slide deepens | Construction Dive
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Nonresidential construction spending slipped 0.2% in July to a seasonally adjusted annual rate of $1.24 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data. Private nonresidential outlays dropped 0.5% for…
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U.S. Construction Spending Slips in June as Housing, Office Projects Decline
U.S. construction spending fell to a seasonally adjusted annual rate of $2.13 trillion in June 2025, down 0.4% from May, according to Interact Analysis. Declines in private residential and commercial work outweighed gains in public infrastructure. Private residential construction dropped 0.7% to $883 billion, while office projects fell 1.4% to $86.8 billion. Manufacturing spending edged…
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AECOM bullish on data center, defense spending
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. With some election fog clearing, AECOM has insight into the construction outlook for the years ahead, which includes plenty of opportunity in data centers and defense, leaders of the Dallas-based firm said during an earnings call on…