Economy


  • A rendering of a large building with the letters "Pennsylvania Station" emblazoned along the top.
    Image attribution tooltip
    Courtesy of Skanska
    Image attribution tooltip

    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
  • diesel trucks are stationed at a Tex-Con pumping station
    Image attribution tooltip
    Brandon Bell/Getty Images via Getty Images
    Image attribution tooltip

    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
  • 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
  • Rendering of the new El Camino Health Hospital
    Image attribution tooltip
    Courtesy of El Camino Health
    Image attribution tooltip

    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
    Image attribution tooltip
    Joe Raedle/Getty Images via Getty Images
    Image attribution tooltip

    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
  • Elemental Critical data center
    Image attribution tooltip
    Brandon Bell/Getty Images via Getty Images
    Image attribution tooltip

    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
  • Construction workers lay cement on a sidewalk
    Image attribution tooltip
    Anna Moneymaker/Getty Images via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Courtesy of Rivian
    Image attribution tooltip

    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
  • Demonstrators take part in a protest at the Utah State Capitol
    Image attribution tooltip
    Natalie Behring/Getty Images via Getty Images
    Image attribution tooltip

    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
  • A customer walks through the lumber section of a Home Depot store
    Image attribution tooltip
    Mario Tama/Getty Images via Getty Images
    Image attribution tooltip

    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
  • a construction site on the UCSF Parnassus campus
    Image attribution tooltip
    Justin Sullivan/Getty Images via Getty Images
    Image attribution tooltip

    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.
    Image attribution tooltip
    Mario Tama via Getty Images
    Image attribution tooltip
    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
  • A city skyline.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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
  • steel rods sit on the back of a truck
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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
  • Construction continues of the Wallis Annenberg Wildlife Crossing
    Image attribution tooltip
    Mario Tama/Getty Images via Getty Images
    Image attribution tooltip

    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
  • President Donald Trump
    Image attribution tooltip
    Anna Moneymaker via Getty Images
    Image attribution tooltip

    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
  • Construction workers move material on a jobsite.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    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
  • Mixed-use housing and office properties undergo construction
    Image attribution tooltip
    Brandon Bell/Getty Images via Getty Images
    Image attribution tooltip

    Construction shows signs of life beyond data centers

    Despite hopeful signs, rising fuel prices will take a toll on material costs in the second half of the year, according to construction data provider Gordian.

    By May 28, 2026
  • An aerial view of a road cutting through a massive flat landscape.
    Image attribution tooltip
    Natalie Behring via Getty Images
    Image attribution tooltip

    C-suite construction execs stay bullish on data center boom

    Leaders at publicly traded companies reported the market continues to grow their bottom lines even as risks and challenges begin to emerge.

    By May 27, 2026
  • An aerial view of members of the media and project partners visiting the construction site of the Wallis Annenberg Wildlife Crossing
    Image attribution tooltip
    Mario Tama/Getty Images via Getty Images
    Image attribution tooltip

    Construction starts jumped in April as more project types broke ground

    Unlike recent months, groundbreakings stretched beyond a handful of data center and energy megaprojects, according to Dodge Construction Network.

    By May 22, 2026
  • A wide shot of massive ships on the ocean.
    Image attribution tooltip
    Stringer via Getty Images
    Image attribution tooltip

    C-suite construction execs downplay Iran war costs

    During recent earnings calls, major builders said they have seen prices rise as a result of the conflict, but have methods for navigating the fuel spikes.

    By May 20, 2026
  • An aerial view shows Caterpillar equipment
    Image attribution tooltip
    Scott Olson/Getty Images via Getty Images
    Image attribution tooltip

    Latest construction data shows activity hinges on AI buildout

    A jump in energy prices caused some building progress to slow in March, especially for work outside of the data center boom.

    By May 20, 2026
  • Sign reads "wall street" with "stock exchange" engraved on a building in the background.
    Image attribution tooltip
    Getty Images
    Image attribution tooltip

    Major general contractors bullish on data center, AI boom

    During the most recent batch of earnings calls, publicly traded firms remained confident on the data center build out, with one civil firm indicating it would pursue the sector for the first time. 

    By May 18, 2026
  • Signature Bridge construction project
    Image attribution tooltip
    Joe Raedle/Getty Images via Getty Images
    Image attribution tooltip

    Construction prices ‘surged’ in April, up 6.2% year to date

    Input prices have now risen more during the first four months of 2026 than over the past three years, according to Associated Builders and Contractors. 

    By May 14, 2026
  • smoke rising from oil depot fire
    Image attribution tooltip
    Majid Saeedi via Getty Images
    Image attribution tooltip

    Iran war inflation crimps profits, plans for investment, hiring: NABE

    Half of the respondents to a National Association for Business Economics survey put the odds of a U.S. recession in the next 12 months at 26% or higher.

    By Jim Tyson • May 13, 2026