Economy: Page 2


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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
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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
  • 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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    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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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    Justin Sullivan/Getty Images via Getty Images
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    Construction Dive’s December 2025 economic roundup

    The waters for construction’s future are clearer as data delayed by the late-2025 government shutdown begins to trickle in.

    By Feb. 3, 2026
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    Alex Wong/Getty Images via Getty Images
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    Tariffs lifted nonresidential construction costs 3.2% in 2025

    Trade policy will “continue to put upward pressure on certain materials” this year, said Anirban Basu, chief economist for Associated Builders and Contractors.

    By Jan. 30, 2026
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    Opinion

    Why contractors should hire builders who can sell

    A good business development manager can be a game changer for contractors, writes consultant Matt Verderamo, and training a builder to sell is easier than teaching construction expertise.

    By Matt Verderamo • Jan. 29, 2026
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    Michael M. Santiago/Getty Images via Getty Images
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    Construction starts ended 2025 on an upswing

    Infrastructure projects, alongside data centers, drove much of the groundbreaking growth in December and across 2025.

    By Jan. 27, 2026
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    Spencer Platt/Getty Images via Getty Images
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    After years of stability, construction materials costs are heating up again

    Copper and electrical components posted the sharpest gains to end the year, according to consulting firm Gordian, but steel prices were more stable.

    By Jan. 23, 2026
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    Spencer Platt/Getty Images via Getty Images
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    Construction project stress cools after ‘turbulent year’

    The improvement in delays, abandonments and on-hold projects caused the Project Stress Index to reach one of the lowest levels in 2025, according to ConstructConnect.

    By Jan. 16, 2026
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    Mario Tama/Getty Images via Getty Images
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    Tariffs push construction input prices higher

    The latest PPI report presents “plenty of cause for concern,” according to Associated Builders and Contractors.

    By Jan. 14, 2026
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    Data centers drive lopsided backlog gains

    The AI frenzy is mostly confined to big contractors’ pipelines, with smaller firms seeing fewer benefits from the boom.

    By Jan. 13, 2026
  • CLOs, ACC, lawyers, 2025 in-house trends
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    Q&A

    Why construction M&A activity is likely to continue in 2026

    Tariffs and new tax laws have given foreign-based engineering firms incentive to establish a beachhead within the U.S. to lower costs, according to an attorney. 

    By Jan. 12, 2026
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    Construction planning jumped 7% to close 2025 strong

    On top of the monthly gain in December, the Dodge Momentum Index finished the year 37% higher compared to 2024.

    By Jan. 9, 2026