KEY POINTS
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The Construction Economy Brief from ConstructConnect Chief Economist Michael Guckes highlights the latest construction trends.
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This month’s video covers a 53% surge in megaproject spending, three straight years of residential construction decline, and civil construction growth slowing after expanding.
In this month’s Construction Economy Brief, ConstructConnect Chief Economist Michael Guckes breaks down the latest construction industry trends.
From record-breaking megaprojects to residential and civil construction challenges, find out what’s driving growth and what’s holding it back.
Megaprojects Surge & Residential Slowdown
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Megaproject spending is up 53% year over year—on top of last year’s record high.
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The Construction Starts forecast points to a residential recovery in 2026.
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Civil construction growth slows to around 5% after years of rapid expansion.
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Residential construction faces its third straight year of decline, last seen during the 2008 Great Recession.
About ConstructConnect
At ConstructConnect, our software solutions provide the information construction professionals need to start every project on a solid foundation. For more than 100 years, our keen insights and market intelligence have empowered commercial firms, building product manufacturers, trade contractors, and architects to make data-driven decisions, streamline preconstruction workflows, and maximize their productivity. Our newest offerings—including our comprehensive, AI-assisted software—help our clients find, bid on, and win more projects.
ConstructConnect operates as a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000.
For more information, visit constructconnect.com
