KEY POINTS
-
June 2025 set a new monthly record for U.S. Nonresidential Construction Starts, reaching $79.6B, up 1.4% from May, ConstructConnect Chief Economist Michael Guckes reported.
-
The surge was driven by megaprojects, including the $25B TSMC Fab 3 facility in Phoenix, part of $55B in megaprojects tracked since May.
-
The top 10 projects in June totaled $25.4B, led by California’s $12B BART Phase II Extension, with a strong mix of Heavy, Industrial, and Commercial construction.
In the July Construction Economy Snapshot, Chief Economist Michael Guckes reported that ConstructConnect’s latest data, through June 2025, reveals another record-breaking month for U.S. Nonresidential Construction Starts.
June’s Total Nonresidential Construction Starts spending totaled $79.6B, up 1.4% from May’s revised figure of $78.5B. This marks the second consecutive month of record-setting activity and further solidifies 2025’s unexpected turnaround in construction growth.
Guckes reported that the surge in June was powered by construction megaprojects, including the $25B Taiwan Semiconductor Manufacturing Company (TSMC) Fab 3 facility in Phoenix, Arizona, which alone accounted for nearly half of all manufacturing starts so far this year.
Since May 2025, ConstructConnect has tracked $55B in megaprojects, pushing the 2025 total to 33 projects worth $90.3B, a remarkable acceleration compared to early-year doldrums, Guckes noted.
The top 10 projects through June totaled $25.4B, led by California’s $12B BART Phase II Extension, with a strong mix of Heavy, Industrial, and Commercial construction.
ConstructConnect
Top 10 Project Starts through June 2025
.png?width=950&height=945&name=Top10Table_Page8(July2025-web).png)
ConstructConnect Top 10 Project Starts chart from the July 2025 Construction Economy Snapshot. A square footage measure does not apply to alteration, some forms of industrial (e.g., petrochemical), and most engineering/civil work.
Read the Construction Economy Snapshot for more details on construction labor, trend graphs, and regional analysis.
About ConstructConnect
At ConstructConnect, our software solutions provide the information that 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.
