Construction Trends

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The construction industry is grappling with rising demand for infrastructure and housing alongside a shrinking labor force due to retirements and low youth entry (owing to safety, prospects, and physical intensity).

T he U.S. Department of Labor (DOL) has announced its latest Unified Agenda of Regulatory and Deregulatory Actions, a semiannual report that details the Trump administration’s planned regulatory changes.

The “2025 North American Engineering and Construction Outlook,” by FMI, forecasts a significant slowdown in U.S. engineering and construction spending.

Townhouse construction remained elevated in the Q2 2024, as demand for medium-density housing continues to be solid despite slowing for other sectors of the housing industry.

The Marcum Commercial Construction Index for the first quarter of 2024 reports that the construction industry continued growing despite various challenges. The index is produced by Marcum’s National Construction Services group.