US construction costs are rising faster than expected in 2026 as tariffs and labor shortages push project pricing higher.
Construction spending across the US slowed in the second half of 2025, but costs remain elevated and uneven across regions, according to Turner & Townsend’s H2 2025 US market intelligence report. A ...
Numerous uncertainties are setting the remainder of 2026 to be another challenging year for the U.S. construction industry. The cost of materials, for example, remains under pressure given a supply ...
Explore the key forces reshaping construction planning, from AI adoption and data center growth to labor constraints, ...
Tariffs that doubled midyear, a renewed spike in steel prices and the ripple effects of the war with Iran are offsetting any broader cooling in materials, leaving developers and homebuilders with ...
As home prices climb and inventory thins, a major culprit is hiding in plain sight: the U.S. simply doesn’t have enough skilled labor force to build the homes buyers want and need. Experts say this ...
Construction activity is beginning to steady in many parts of the world, with costs not rising as fast as in recent years. Most countries expect escalations to be between 2% and 6% in 2026. This shows ...
The commercial construction market continues to show resilience in 2026, but the conditions shaping projects are becoming more complex. Demand remains strong in sectors like data centers, advanced ...
By Joshua Worlasi AMLANUConstruction cost inflation edged higher in May 2026, driven by rising equipment and specialised ...