Economy


  • In an aerial view, shipping containers are stacked at the Port of Oakland on August 01, 2025 in Oakland, California. U.S. President Donald Trump announced that his August 1 deadline for trade deals will not be extended and sweeping tariffs will be imposed on certain countries beginning today.
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    Justin Sullivan / Staff via Getty Images
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    What to know about Trump’s tariff refund process

    Finance leaders are expected to play a central role in steering companies through the claims process set to launch on Monday.

    By Alexei Alexis • April 20, 2026
  • A crane looms over a jobsite in a major urban setting.
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    The US may already have a negative immigration rate. That’s bad for construction.

    Some reports indicate more people are leaving the U.S. than arriving. Experts say that has direct impacts on workforce availability and meeting project demand.

    By April 17, 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
  • Elemental Critical Data Center facility in an aerial view
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    Brandon Bell/Getty Images via Getty Images
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    Backlog rebounded in March with contractors unfazed by Iran war impacts

    Contractors added 0.5 months of work to their books over the month, with outsized growth in data center projects.

    By April 15, 2026
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    Scott Olson/Getty Images via Getty Images
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    Oil prices triggered higher construction costs in March

    Input prices rose 18% at an annualized rate for the first three months of the year.

    By April 15, 2026
  • Construction work continues on the Signature Bridge project
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    Joe Raedle/Getty Images via Getty Images
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    Iran war impacts on oil prices spiked construction stress, increased abandonments

    Construction saw a 22.8% surge in project abandonments month over month in March, which ConstructConnect linked to economic impacts brought on by the war.

    By April 14, 2026
  • An aerial view of data center in Vernon, Calif.
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    Mario Tama/Getty Images via Getty Images
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    Construction’s economic outlook is increasingly cloudy

    Aside from the artificial intelligence buildout, the industry’s numbers have weakened. The boom “probably will end at some point. But not now,” said an economist.

    By April 13, 2026
  • Elemental Critical Data Center facility in an aerial view
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    Brandon Bell/Getty Images via Getty Images
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    Data centers powered March construction planning almost exclusively

    Without the data center boom, commercial planning would be down 12.7% since March 2025, according to Dodge Construction Network.

    By April 10, 2026
  • President Donald Trump
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    Alex Wong via Getty Images
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    Trump calls for 50% tariff on goods from nations arming Iran

    The president said the duty is effective immediately, although it's unclear how it would be implemented after the Supreme Court clipped Trump's power to issue broad levies.

    By Max Garland • April 9, 2026
  • workers during construction of a new building on March 6, 2026, in Pasadena, California
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    Mario Tama/Getty Images via Getty Images
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    Latest construction data shows weakening market to start 2026

    Several indicators softened during the first two months of the year, but not all building activity has stalled.

    By April 6, 2026
  • President Donald Trump walks while adjusting his tie.
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    Nathan Howard via Getty Images
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    Trump adjusts tariffs for steel, aluminum, copper

    Goods made entirely of the metals will still face a 50% tariff, but the levy will be reduced to 25% for certain derivative goods, effective April 6.

    By Phil Neuffer • April 6, 2026
  • Two construction workers a photographed from behind as they walk away.
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    Construction hiring data indicates a cooling labor market

    Slow hiring and few job separations in February led to the lowest construction labor turnover rate since 2000, according to Anirban Basu, chief economist at ABC.

    By April 1, 2026
  • American flag flies from a crane during construction
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    Mario Tama/Getty Images via Getty Images
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    Data center boom failed to lift construction spending to start 2026

    The lackluster spending report is “especially concerning in light of the ongoing conflict in Iran,” said Anirban Basu, ABC chief economist.  

    By March 24, 2026
  • Construction workers build a home
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    Mario Tama/Getty Images via Getty Images
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    Construction starts plunged 13% as megaprojects faded

    Nonresidential starts rebounded in February but the absence of massive energy-related projects slowed total groundbreakings, according to Dodge Construction Network.

    By March 24, 2026
  • Construction materials lay on a jobsite, shown from above.
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    Construction prices spiked at ‘staggering’ rate to begin 2026

    The latest data — prior to the war in Iran — shows prices rose on an annualized basis of 12.6% through February. 

    By March 19, 2026
  • Federal Reserve Chairman Jerome Powell answers questions from reporters
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    Chip Somodevilla via Getty Images
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    Fed holds rates steady, flags uncertainty as oil price soars amid war

    The Fed faces a policy dilemma as the Iran war spurs a jump in energy prices, threatening to increase inflation, slow economic growth and push up unemployment.

    By Jim Tyson • March 19, 2026
  • President Donald Trump speaks during a White House press conference on Feb. 20, 2026 in Washington, D.C.
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    Aaron Schwartz via Getty Images
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    Trump’s temporary 10% tariff faces further legal scrutiny

    Two businesses say the president is unlawfully leveraging the Section 122 statute, echoing similar arguments from a case filed by a cohort of states days earlier.

    By Phil Neuffer • March 16, 2026
  • Cars and trucks fill lanes across highways in Dallas as shown from a sky-high overhead view.
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    AI, highway bill dominate builders’ focus

    In the most recent earnings calls and financial reports, contractors focused on the frenzy around data center construction and potentially higher transportation funding. 

    By March 16, 2026
  • Orange County Convention Center Grand Concourse expansion in Orlando, Fla.
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    Courtesy of Orange County Convention Center
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    Monthly construction planning slipped again in February

    Increased costs and geopolitical risk strained builder confidence in the near term, said Sarah Martin, associate director of forecasting at Dodge Construction Network.

    By March 11, 2026
  • A construction worker sits alone at a jobsite.
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    Economy unexpectedly sheds 92,000 jobs as war spurs inflation worries

    Construction lost 11,000 net jobs month to month in February, but saw an increase of 0.5% year over year.

    By Jim Tyson • March 9, 2026
  • construction of a Samsung semiconductor fabrication plant in Austin, Texas
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    BackyardProduction via Getty Images
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    Manufacturing slump hit nonresidential construction spending in December

    Expenditures on highway and street projects, the third largest subcategory, also tumbled 0.4% month to month to close the year, according to the latest Census Bureau data. 

    By March 3, 2026
  • Production of copper wire, cable in reels at factory
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    Tariffs drove construction input prices up to start 2026

    January’s cost increases amounted to a “blistering” annualized rate of 7.1% for nonresidential input prices, according to Associated Builders and Contractors. 

    By Feb. 27, 2026
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    Joe Raedle/Getty Images via Getty Images
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    Construction starts growth masks underlying weakness

    If not for three energy megaprojects, groundbreaking activity would have been negative month to month to start 2026, per Dodge Construction Network.  

    By Feb. 26, 2026
  • A worksite at the Gateway Hudson Tunnel stands empty
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    Spencer Platt/Getty Images via Getty Images
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    Project delays pushed construction stress up to start 2026

    The project stress index ticked up slightly in January but is still in a much healthier position than a year ago, according to ConstructConnect data.

    By Feb. 20, 2026
  • Construction laborers work in San Francisco
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    Justin Sullivan/Getty Images via Getty Images
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    Construction backlog hit 4-year low in January

    ABC members seem optimistic about their own prospects going forward, but close to half think their competitors will see sales drop over the next two quarters.

    By Feb. 12, 2026
  • a 33-megawatt data center with closed-loop cooling system
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    Mario Tama/Getty Images via Getty Images
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    Construction planning fell 6.3% to kick off 2026

    Weakness in January showed up across most commercial and institutional project types, including warehouse, office and healthcare, per Dodge Construction Network.

    By Feb. 10, 2026