Economy: Page 7


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    Public builders bullish on infrastructure, data centers, energy

    Executives largely brushed off tariff and policy concerns on their latest round of earnings calls.

    By Construction Dive Staff • March 10, 2025
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    Mario Tama/Getty Images via Getty Images
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    Economic Reports

    More private construction projects face delays

    Non-public work posted a 36.7% jump year over year in on-hold activity, according to the latest Project Stress data from ConstructConnect.

    By March 6, 2025
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    Permission granted by Associated General Contractors of America
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    Trendline

    Labor

    A roundup of articles about issues affecting the workforce.

    By Construction Dive staff
  • Wall Street
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    Michael M. Santiago via Getty Images
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    Tutor Perini unfazed by Trump’s tariff, funding actions

    New CEO Gary Smalley said on a recent earnings call that he will focus on returning to profitability and that he doesn’t think the firm’s projects will be defunded.

    By Julie Strupp • March 4, 2025
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    Justin Sullivan/Getty Images via Getty Images
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    Economic Reports

    Construction spending stalls despite data center boom

    A slight uptick in January was “far from encouraging,” according to ABC’s chief economist.

    By March 4, 2025
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    Trump’s new tariffs add pressure to construction pipeline

    Higher fees on materials from Canada, Mexico and China will further squeeze project budgets and likely lead to delays and cancellations.

    By March 4, 2025
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    MasTec positions itself for oil and gas ‘renaissance’

    The Coral Gables, Florida-based specialty contractor’s CEO said the company is positioned to capitalize on demand for energy and telecommunications infrastructure work.

    By March 3, 2025
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    Mario Tama via Getty Images
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    Trump orders review of wood supply chain

    Over the next year, various U.S. departments will assess whether tariffs, quotas or updated permitting processes could help limit the country’s reliance on foreign timber and lumber.

    By Edwin Lopez • March 3, 2025
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    WSP ‘feeling extremely good’ even amid instability from Trump’s moves

    The firm announced a multi-year partnership with Microsoft as it embarks on a new tech-focused strategic cycle.

    By Julie Strupp • Feb. 28, 2025
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    Danielle Ternes/Construction Dive
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    Column // The Dotted Line

    Tariff worries force firms to rethink contracts

    Builders are facing trade war-induced price escalation, but they can take key steps to help mitigate that risk.

    By Feb. 25, 2025
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    Courtesy of Penn State
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    Economic Reports

    The 9 largest commercial construction starts of January 2025

    Overall activity dropped during the first month of the year, though infrastructure work kept builders busy, according to Dodge Construction Network.

    By Feb. 25, 2025
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    Courtesy of Lendlease
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    Lendlease’s focus on domestic work begins to pay off

    As part of a new strategy, the Australian firm has sold off its U.S. construction projects and entered an agreement to divest from its U.K. business.

    By Feb. 19, 2025
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    Granite sees ‘tremendous support’ for IIJA from Washington

    On the California-based roadbuilder’s fourth-quarter earnings call, CEO Kyle Larkin said the market was among the strongest he’s encountered, though inflation looms.

    By Feb. 18, 2025
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    Joe Raedle/Getty Images via Getty Images
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    Economic Reports

    Tariff fears tied to biggest construction cost jump in 2 years

    Contractors have rushed to buy materials before potential tariffs go into effect, pushing prices higher. More hikes could lie ahead, according to construction trade associations.

    By Feb. 13, 2025
  • Construction workers help build a condo tower using steel rebar on Feb. 10, 2025, in Miami, Fla.
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    Joe Raedle/Getty Images via Getty Images
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    Economic Reports

    Construction backlog posts gains to kick off the year

    Contractors expect activity to pick up over the next six months amid renewed confidence since the presidential election, according to Associated Builders and Contractors.

    By Feb. 13, 2025
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    Inflation heats up to 3% as Trump calls on Fed to cut main rate

    The unexpected rise in price pressures prompted futures traders to increase the odds that the Federal Reserve will hold the benchmark rate at its current range beyond May.

    By Jim Tyson • Feb. 13, 2025
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    Courtesy of UCHealth
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    Economic Reports

    Construction planning up 26% to start 2025

    The increase should boost spending in the second half of the year, according to Dodge Construction Network.

    By Feb. 11, 2025
  • Two construction workers work on a mixed-use complex in Los Angeles.
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    Mario Tama/Getty Images via Getty Images
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    Economic Reports

    January 2025 economic roundup

    Construction Dive tracks key industry data including backlog, planning activity, input costs, starts and spending.

    By Feb. 11, 2025
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    Joe Raedle via Getty Images
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    Trump tags steel, aluminum imports with 25% tariffs

    The new duties build on actions from the president's first term while axing exemptions and product exclusions.

    By Phil Neuffer • Feb. 11, 2025
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    Opinion // Business Matters

    Why not to be the lowest bidder

    Competing on price matters, but it is only part of consistently winning work, says consultant Chad Prinkey.

    By Chad Prinkey • Feb. 6, 2025
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    Michael Ciaglo/Getty Images via Getty Images
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    Losing construction sectors under Trump

    As the new administration begins to reshape federal policy, demand for certain types of projects could wane.

    By Julie Strupp , Feb. 5, 2025
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    Construction hiring slows to ‘unprecedented pace’

    The decline is a result of diminished demand for labor, potentially due to cold weather and the presidential transition, according to a construction economist.

    By Jennifer Goodman • Feb. 5, 2025
  • After signing a series of executive orders and proclamations, Trump spoke to reporters about a range of topics including recent negotiations with Mexico on tarriffs.
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    Anna Moneymaker/Getty Images via Getty Images
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    Economic Reports

    Construction spending slips as costs rise ahead of tariffs

    Higher material prices could threaten future demand for projects even before a brewing trade war fully unfolds, according to AGC CEO Jeffrey Shoaf.

    By Feb. 4, 2025
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    Nathan Howard/Getty Image via Getty Images
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    Winning construction sectors under Trump

    Thanks to new White House policies aimed at limiting regulations and easing approvals, contractors expect a surge in activity for data centers, manufacturing and energy projects to power AI.

    By , Julie Strupp • Feb. 4, 2025
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    Permission granted by American Express
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    Sponsored by American Express

    American Express and Levelset help simplify lien rights to help merchants optimize business operations

    American Express and Levelset are teaming up to help address lien rights management in the construction industry.

    Feb. 3, 2025
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    DOT says it will tie funding to birth, marriage rates

    The agency issued a memo after Transportation Secretary Sean Duffy authorized a series of actions to advance Trump’s agenda.

    By Jan. 31, 2025