ABC reports a drop in construction spending in 10 of 16 categories, with data centers still performing strongly despite high costs and borrowing rates.
Economist Alex Chausovsky of The Bundy Group took the keynote stage at METALCON 2025 with a clear message: America’s economy is strong, but complacency is its biggest risk.
Commercial construction contractors are ending 2025 with stable backlogs and measured optimism. With the federal shutdown halting official economic data, private indicators point to steady activity but uneven growth across sectors heading into 2026.
Residential construction pros are entering the year’s final quarter with renewed confidence, fueled by a strong rebound in renovation inquiries and project commitments.
Construction backlog rose to 8.8 months in July, up 0.4 months year-over-year, despite declining contractor confidence in profit margins, ABC reported.
Construction projects are starting at the fastest pace in months, but roofing suppliers report a demand drop, and distributors are destocking inventory.
U.S. construction added 4,000 jobs in May, marking 13 straight months of gains despite hiring slowdown, tariff hikes and inflation-driven uncertainty across the industry.