Economy


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    Construction job openings rose in June as contractors felt staffing woes

    For the third straight month, the Bureau of Labor Statistics reported higher year-over-year job vacancies. Paired with other recent data, that may not mean higher project demand.

    By Aug. 4, 2026
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    Finn Gomez via Getty Images
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    Construction spending dropped 3.2% in June

    Excluding data centers, private nonresidential construction spending was down 7.9% year over year in June, according to ABC Chief Economist Anirban Basu.

    By Aug. 4, 2026
  • Trendline

    Top 5 stories from Construction Dive

    Construction Dive editors curate some of the industry’s top stories from this year.

    By Construction Dive staff
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    Opinion

    Construction’s warning lights are blinking. Most firms aren’t looking at the dashboard.

    Climbing interest rates and high inflation have resulted in slowing demand despite the data center boom, writes a construction accountant. 

    By Chris Coleman • Aug. 3, 2026
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    Turner’s cost benchmark surged 5.2% in Q2

    The annual increase compared to a 1.4% jump quarter over quarter. Rising demand for skilled labor continues to drive inputs, the contractor said.

    By July 29, 2026
  • Federal Reserve Board Chairman Kevin Warsh departs his first news conference since taking the helm at the central bank on June 17, 2026 in Washington, DC.
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    Chip Somodevilla via Getty Images
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    Fed holds benchmark rate steady in vote with three dissents

    The central bank held the main interest rate steady in a 9-3 vote after a two-day meeting.

    By Grace Noto • July 29, 2026
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    Mario Tama/Getty Images via Getty Images
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    Groundbreakings cooled in June after megaproject boom eased

    Construction starts “came back down to earth” after strong activity in May, said Sarah Martin, director of economic research at Dodge Construction Network.

    By July 23, 2026
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    Joe Raedle/Getty Images via Getty Images
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    Canada tariffs put pressure on concrete, cement prices

    A 50% tariff can scuttle previous estimates and increase the risk of disputes, said one attorney.

    By July 22, 2026
  • President Donald Trump holds up his hands in the Oval Office of the White House on June 11, 2026 in Washington, DC.
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    Alex Wong via Getty Images
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    US slaps 50% tariffs on many Canada imports

    The Section 338 duties apply to a wide variety of products — even if they qualify for duty-free treatment under the United States-Mexico-Canada Agreement.

    By Antone Gonsalves • Updated July 21, 2026
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    Courtesy of Skanska
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    Skanska reports record $7B order intake for Q2

    CFO Pontus Winqvist remained measured in the face of a robust backlog as well as economic hurdles, telling Construction Dive, “you can’t build a trend on one quarter.”

    By July 17, 2026
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    Brandon Bell/Getty Images via Getty Images
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    Construction costs dropped in June, will likely tick up again

    A brief respite in fuel prices caused construction input costs to drop in June. But the recent escalation in the Iran war will likely drive them back higher, according to Associated Builders and Contractors.

    By July 16, 2026
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    Courtesy of El Camino Health
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    Cooling data center surge caused slip in June construction planning

    Planning for the artificial intelligence buildout eased month over month in June, according to Dodge Construction Network.

    By July 9, 2026
  • Trump Administration To Start Refunding Companies $166 Million In Tariffs
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    US labor market continues to be ‘low hire, low fire’

    Current trends indicate slower job growth ahead as an increasing number of consumers say they’re having trouble finding jobs.

    By Lara Ewen • July 9, 2026
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    Brandon Bell/Getty Images via Getty Images
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    Data centers dominate construction’s latest economic reports

    Nearly every metric highlighted the strength of the artificial intelligence buildout and weakness in other private project activity.

    By July 8, 2026
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    Anna Moneymaker/Getty Images via Getty Images
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    Private construction spending slid in May

    Outside of the data center boom, spending on private projects weakened again, especially in the warehouse and office markets, according to ABC analysis of U.S. Census Bureau data.

    By July 2, 2026
  • Aerial rendering of Rivian’s $5 billion electric vehicle plant in Social Circle, Ga.
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    Courtesy of Rivian
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    Infrastructure, data centers kept construction starts strong in May

    Megaprojects drove sizable growth in groundbreaking activity over the month, said Sarah Martin, director of economic research at Dodge Construction Network.

    By June 22, 2026
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    Natalie Behring/Getty Images via Getty Images
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    Construction surges despite cost, power concerns

    Municipal pushback and access to energy pose risks to future data center development, said Ermengarde Jabir, director of commercial real estate research at Moody’s.

    By June 22, 2026
  • Sponsored by Beam AI

    The tariff storm has a silver lining. And it belongs to preconstruction.

    Rising material costs have turned preconstruction from overhead into a necessity.

    By Shiva Dhawan, Co-founder & CEO, Attentive.ai • June 15, 2026
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    Mario Tama/Getty Images via Getty Images
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    Construction costs surged in May at fastest annual rate since pandemic

    “Contractors are being hit by a double whammy” of rising materials prices and slower growth in bid prices, said Ken Simonson, chief economist at Associated General Contractors.

    By June 12, 2026
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    Justin Sullivan/Getty Images via Getty Images
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    Healthcare joined data centers in boost to May construction planning

    The increase builds on last month's growth to overall planning after a slow start to the year, according to Dodge Construction Network.

    By June 9, 2026
  • Aerial view of a data center being constructed in Vernon, California.
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    Mario Tama via Getty Images
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    Deep Dive

    Data center construction boom driving historic manufacturing opportunities

    From multinationals like ABB and Siemens to small, family-owned businesses, manufacturers are staking their claim in this lucrative new vertical through investments and acquisitions. The question now is how long it will last.

    By Shefali Kapadia • June 9, 2026
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    Industrial sector sole bright spot in Minneapolis region: survey

    Contractors across the Upper Midwest reported weaker activity, persistent uncertainty and rising costs, according to the Federal Reserve Bank of Minneapolis.

    By Keith Loria • June 8, 2026
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    Steel imports down 30% in 2026 as tariffs bolster US production

    Raw and finished steel reached 1.87 million net tons for the month of April, driven by increased imports of tin plate, metallic coatings and other goods, according to census data.

    By Nathan Owens • June 5, 2026
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    Mario Tama/Getty Images via Getty Images
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    Data center construction spending rocketed 28% in the last year

    Overall nonresidential construction spending, however, ticked up 0.1% month over month in April, with momentum elsewhere “difficult to find,” said ABC Chief Economist Anirban Basu.

    By June 3, 2026
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    Anna Moneymaker via Getty Images
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    Trump further tweaks steel, aluminum, copper tariffs

    A greater range of industrial and agricultural equipment made with the metals will temporarily face a reduced 15% levy starting June 8, per the White House.

    By Phil Neuffer • June 3, 2026
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    April construction job openings hit highest mark of 2026

    As the number of unfilled positions jumped 10.6% MOM, the rate of layoffs hit a four-year low, indicating contractors are clinging to the workers they already have.

    By June 3, 2026