Federal Reserve's Beige Book Reveals Economic Trends Across 12 Districts in 2026 Report
Federal Reserve • 04/15/2026
The Federal Reserve's latest Beige Book, released on April 15, 2026, offers a vivid snapshot of economic conditions across its 12 Districts, showcasing insights gathered through interviews and surveys. This report not only highlights emerging trends that numbers alone might miss but also underscores the Fed's commitment to understanding the diverse economic landscape. Dive into this unique blend of qualitative data and regional analysis to grasp the dynamics shaping our economy today.
CBP Readies April 20 Launch of CAPE Initiative for IEEPA Duty Refunds: What Importers Must Know Now
Clark Hill • 04/15/2026
Get ready for an important shift in duty refunds with the launch of Customs and Border Protection's CAPE initiative on April 20, 2026, at 8:00 a.m. EDT. Importers must navigate a new process that requires collaboration with customs brokers to submit CAPE declarations and prepare their data accurately—refunds won't be automatic.
Construction Costs Surge in March Amid Rising Diesel and Metal Prices, Posing Risks to Projects and Economy
AGC Construction Data • 04/14/2026
Construction costs have surged in March, with the producer price index for nonresidential projects marking its largest one-month increase in four years. Driven by a near-record spike in diesel prices and escalating key metal costs, this financial pressure is complicating efforts for contractors and project owners alike. Experts warn that these rising expenses could threaten the momentum of economic growth as they intensify.
J.P. Morgan Report Highlights Economic Uncertainty Amid Mixed Consumer Trends and Geopolitical Risks
J.P. Morgan Asset Management • 04/13/2026
In its latest report, J.P. Morgan Asset Management navigates the complex landscape of 2026's economic uncertainty, spotlighting mixed consumer trends and rising geopolitical risks. While light-vehicle sales and upper-end service spending show resilience, challenges loom as consumer sentiment hits a record low and inflation concerns persist due to climbing energy prices.
April 2026 CMBS Hard Maturities Face Challenges, Especially in Office and Lodging Sectors
trepp • 04/09/2026
In April 2026, Trepp's latest report highlights a growing concern in the commercial mortgage-backed securities (CMBS) market, particularly within the office and lodging sectors. With $3.28 billion in loans facing hard maturity and a significant portion carrying low debt yields, industry players may encounter refinancing challenges ahead. As the landscape shifts, the performance of these pivotal sectors will be crucial to monitor in the coming months.
Construction Jobs Surge in 38 States as Experts Call for Workforce Training Support
AGC Construction Data • 04/08/2026
A recent report from AGC Construction Data reveals a significant surge in construction employment across 38 states and D.C. between January 2025 and January 2026. As experts call for enhanced workforce training and better access to qualified labor, the construction industry faces a pivotal moment in addressing the skills gap needed to meet growing demands, especially for data centers and power projects.
Federal Reserve Report Reveals Significant Impact of 2025 Tariffs on Consumer Prices
Federal Reserve • 04/08/2026
A new report from the Federal Reserve reveals how U.S. trade policy changes in 2025 substantially influenced consumer prices, with core goods experiencing a notable 3.1% increase. Using advanced methodologies, the analysis details the gradual effects of tariffs across various products and regions, shedding light on the ongoing inflationary trends since early 2025.
Federal Reserve's March Meeting: AI Disruptions and Geopolitical Tensions Shape Economic Outlook
Federal Reserve • 04/08/2026
In the wake of geopolitical tensions and the rapid rise of artificial intelligence, the Federal Reserve's March meeting shed light on the complex economic landscape ahead. While concerns over AI disruptions initially softened rate expectations, surging oil prices from Middle East conflict have prompted a reevaluation of monetary policy. With GDP growth stable yet job creation sluggish, the Committee remains cautious, maintaining the federal funds rate amid a landscape of uncertainty and shifting economic indicators.
Dodge Momentum Index Rises 2% in March, Driven by Data Center Projects
Dodge Construction Network • 04/07/2026
The Dodge Momentum Index surged by 2% in March, driven primarily by a boom in data center projects, highlighting the growing demand for digital infrastructure. While other commercial sectors experienced a slowdown, the robust planning in data centers contrasts sharply with declines in institutional planning, reflecting a shift in the construction landscape. This surge is underscored by significant projects like the Amazon Data Center Campus, marking a pivotal moment in nonresidential building trends.
Iran Conflict Fuels Economic Concerns: Key Indicators to Watch This Week
trepp • 04/06/2026
In the latest report from Trepp, analysts delve into the economic ramifications of the ongoing Iran conflict, spotlighting key indicators to watch this week. From the anticipated shifts in the Global Supply Chain Pressure Index to the March Consumer Price Index's insights on inflation, the week promises to unveil critical data that could reshape commercial real estate and financial markets. Mark your calendars as these developments could signal broader economic trends amidst rising geopolitical tensions.
"Unlocking Profitability: Key Project Management Practices for Construction Success"
FMI Corp • 04/06/2026
Discover how effective project management can drive profitability in construction with FMI Corp's latest report, "Unlocking Profitability: Key Project Management Practices for Construction Success." This eye-opening study reveals that the secret to exceeding project goals lies not in skill, but in disciplined execution of core practices. Learn the four best practices that top contractors swear by to enhance accountability, streamline change orders, and master forecasting for unprecedented project success.
March Sees Special Servicing Rate Climb to 11.00%, Fueled by Office Loan Challenges
trepp • 04/06/2026
In March, the CMBS Special Servicing rate soared to 11.00%, driven largely by challenges in the office loan sector, which alone spiked by 44 basis points. This uptick came despite notable improvements in multifamily properties, highlighting the complex dynamics of the current market. For those looking to delve deeper, a detailed report on the factors influencing these shifts and trends across various property types is now available.
Construction Jobs Surge by 26,000 in March Amid Competitive Pay Pressures
AGC Construction Data • 04/03/2026
The AGC Construction Data report reveals an impressive surge of 26,000 construction jobs in March, signaling significant growth in both residential and nonresidential segments. As companies ramp up wages to attract and retain talent, this positive trend demonstrates the industry's ongoing demand for skilled workers amidst competitive pay pressures.
Federal Reserve Report Highlights Alarming Slowdown in U.S. Labor Force Growth and its Impact on GDP Potential
Federal Reserve • 04/02/2026
The Federal Reserve's latest report unveils a troubling trend in U.S. labor force growth, predicting a descent to near-zero levels due to stagnant population growth and an aging workforce. Authors Seth Murray and Ivan Vidangos highlight that this unprecedented slowdown could drastically alter job creation landscapes, with the likelihood of negative job growth becoming a real possibility.
Private Sector Adds 62,000 Jobs in March with Pay Growth Soaring to 4.5%
ADP • 04/01/2026
In March 2026, the private sector welcomed a boost of 62,000 new jobs, with annual pay growth hitting an impressive 4.5%. The ADP report reveals a shift in hiring trends, favoring smaller employers and showing significant growth in sectors like education and health services, despite some declines in trade and transportation. As job-stayers see solid pay increases, the landscape of employment continues to evolve dramatically across the nation.
CMBS Delinquency Rate Climbs to 7.55% in March, Driven by Lodging Sector Surge
trepp • 03/31/2026
In March 2026, the CMBS delinquency rate saw a notable rise to 7.55%, driven primarily by a surge in the lodging sector. This month's report from Trepp reveals that over $2 billion of newly delinquent loans contributed to this increase, with lodging experiencing its first climb above 7% since April 2025. For a deeper dive into these trends, the latest Delinquency Report is now available for download, offering detailed metrics across major property types.
Geopolitical Tensions and Rising Oil Prices Put Pressure on Financial Markets and CRE Lending Prospects
trepp • 03/30/2026
In the latest report from Trepp, escalating geopolitical tensions are driving up oil prices, exerting pressure on financial markets and reshaping commercial real estate lending prospects. As long-term Treasury yields hit a multi-month high, market watchers brace for critical insights from the Fed's upcoming discussions on financing conditions, adding to the uncertainty in the wake of labor market shifts influenced by AI adoption. This week’s economic releases are poised to reveal how energy costs are impacting business expectations and strategies across key sectors.
DOL's New Rule Set to Raise Wage Levels for Immigration Sponsorship, Impacting H-1B Workers and Employers Alike
Clark Hill • 03/30/2026
The U.S. Department of Labor is set to propose a significant rule change that aims to raise prevailing wage levels for immigration sponsorship, directly impacting H-1B workers and their employers. By aligning wage requirements with what U.S.
"J.P. Morgan Report: U.S. Tariffs Wane as Economic Fallout and Public Support Decline"
J.P. Morgan Asset Management • 03/30/2026
In its latest report, J.P. Morgan Asset Management reveals a significant shift in the U.S. tariff landscape, highlighting the decline in public support and economic ramifications that have led to calls for easing tariffs.
Navigating Construction Delivery: Legal Insights on Four Key Methods
Clark Hill • 03/30/2026
Discover the essential legal insights behind construction project delivery methods in Clark Hill’s latest report. Explore the advantages and challenges of Design-Bid-Build, Design-Build, Construction Manager Advisor, and Construction Manager at Risk, and learn how the right choice can significantly impact your project's success. Don't navigate these complexities alone—consider the value of expert legal consultation to ensure tailored contracts that meet your specific needs.
Oil Executives Anticipate Volatile Prices Amid Geopolitical Tensions, But Expect Partial Recovery by 2026
trepp • 03/26/2026
A recent Dallas Fed survey reveals that over 100 oil and gas executives anticipate increased volatility in oil prices, driven by geopolitical uncertainties in the Middle East. With Brent crude fluctuating above $100 per barrel and predictions ranging from $50 to $150 in the near term, the industry is navigating a landscape of heightened risks but remains optimistic about a partial recovery by 2026. Despite current challenges, executives maintain a long-term outlook that suggests stability amidst the turmoil.
Goldman Sachs Report: Strong Fundamentals in Private Credit Amid Investor Caution and Market Stress
Goldman Sachs • 03/26/2026
In its latest report, Goldman Sachs highlights the resilience of private credit markets against a backdrop of rising investor caution. Despite concerns about unrecognized risks, co-head Vivek Bantwal notes strong fundamentals, with low default rates and impressive growth disclosures from many managers. As some retail investors pull back, higher yields could emerge, while the sector's diverse structure helps mitigate systemic risks, setting the stage for potential opportunities amidst market uncertainty.
April 2026 Visa Bulletin: Backlogs Lift for EB-2 and EB-3 Applicants, Speeding Path to Permanent Residency
Clark Hill • 03/25/2026
The April 2026 Visa Bulletin brings exciting news for foreign nationals seeking permanent residence in the U.S., as backlogs for EB-2 and EB-3 applicants have officially lifted. With priority dates now “current,” many can move forward without delay, marking a significant transformation for those who have faced extended wait times. Employers are reminded to stay engaged with the visa process, as this shift highlights the dynamic nature of visa processing.
Construction Spending Slides 0.3% Amid Weak Private Investment, Despite Public Sector Gains
AGC Construction Data • 03/23/2026
A recent report from the Associated General Contractors of America reveals a 0.3 percent dip in construction spending from December to January, primarily due to a decline in private investment. While public sector spending saw gains, economic uncertainties and rising costs are putting a damper on overall construction demand. Chief economist Ken Simonson highlights a troubling trend, noting that only data centers and residential improvements are bucking the slowdown.
Goldman Sachs Report: Iran Conflict Triggers Historic Energy Supply Crisis
Goldman Sachs • 03/23/2026
In a groundbreaking report, Goldman Sachs highlights the startling effects of the recent US and Israeli attacks on Iran, which have precipitated the largest energy supply crisis in history. With shipping traffic in the vital Strait of Hormuz nearly at a standstill, the analysis delves into the conflict's duration and its far-reaching repercussions on global energy markets and economies. Discover how this escalating situation could reshape the energy landscape as we know it.
Construction Sector Faces Rising Input Costs Amid Mixed Trends in New Projects
AGC • 03/20/2026
In its latest report, AGC sheds light on the construction sector's complex landscape, revealing a 0.1% rise in input prices amid a backdrop of fluctuating project starts. Notably, metal prices have surged—aluminum by 39.1% and steel by 20.9%—while the value of nonresidential building starts has skyrocketed by 80%. As the industry grapples with rising costs and shifting leasing trends toward service-oriented businesses, the future of construction spending is poised for significant change.
Construction Starts Dip 13.2% in February Amid Mixed Performance Across Sectors
Dodge Construction Network • 03/20/2026
In a March report from Dodge Construction Network, total construction starts dropped 13.2% in February, reaching an annual rate of $1.08 trillion. Despite this setback, nonresidential building starts surged by 17.8%, driven by dramatic increases in commercial and office construction. Meanwhile, the residential sector showed mixed results, with a notable 8.3% increase in building starts, highlighting a complex landscape in the construction industry.
Federal Reserve Holds Steady on Rates Amid Economic Uncertainty and Elevated Inflation
Federal Reserve • 03/18/2026
In its March 2026 meeting, the Federal Reserve's FOMC opted to keep interest rates steady amid ongoing economic uncertainty and persistent inflation. While solid economic activity continues, concerns about job gains and potential global influences loom large. The Committee’s commitment to balancing maximum employment with a 2% inflation target underscores their vigilant approach to navigating these turbulent economic waters.
Technological Evolution in Transportation: AGC Calls for Federal Policies to Keep Pace with Innovation
AGC Construction Data • 03/18/2026
In its latest report, AGC Construction Data urges a significant update to federal transportation policies to keep pace with cutting-edge technologies reshaping how we build and transport. Highlighting tools like drones, 3D modeling, and digital project management systems, the report calls for policies that encourage innovation while enhancing safety and efficiency in infrastructure development. As technology transforms the construction landscape, AGC emphasizes the need for flexible, forward-thinking regulations that support seamless integration and collaboration among industry partners.
Construction Costs Surge as Metals Prices Climb Amid Ongoing Iran Conflict
AGC Construction Data • 03/18/2026
Construction costs are on the rise, driven by skyrocketing metals prices and escalating fuel costs, as detailed in a new AGC Construction Data report. With the ongoing conflict in Iran disrupting key supply chains, contractors and project owners now face added challenges that could delay timelines and complicate planned projects. As the industry navigates these turbulent waters, the future of construction remains uncertain.
Construction Labor Challenges in 2026: Rising Disputes and Litigation Loom Ahead
The Providence Journal • 03/17/2026
As the U.S. construction industry braces for only moderate growth in 2026, experts predict a significant rise in disputes and litigation fueled by ongoing labor challenges. With shifts in immigration policies, a shrinking skilled workforce, and rising labor costs, the impact on project timelines and quality is profound.
J.P. Morgan Report Explores Uncertain Endgame of Iran Conflict and Its Economic Implications.
J.P. Morgan Asset Management • 03/16/2026
J.P. Morgan's latest report delves into the complex and uncertain conclusion of the Iran conflict, raising the pivotal question: "How does it end?" With insights on oil futures, monetary policy implications, and pressures on U.S. military strategy, the analysis encourages investors to prepare for potential economic shifts amid geopolitical turmoil.
Powell's Risk Assessment Set to Shape Treasury Yields and CRE Credit Landscape Amid Geopolitical Tensions
trepp • 03/16/2026
As geopolitical tensions continue to stir volatility in oil prices, all eyes are on the upcoming FOMC meeting, where Chair Powell's risk assessment could reshape Treasury yields and influence commercial real estate credit. With a focus on inflation persistence and a cooling labor market, investors are eager to gauge Powell's outlook, which may signal shifts in long-term interest rates and borrowing costs. The outcome could redefine the landscape for real estate financing in these uncertain times.
Industrial Real Estate Thrives with Near-Perfect Occupancy and Record Low Delinquency Rates
trepp • 03/13/2026
A recent Trepp report reveals that the industrial real estate sector is thriving, marked by nearly full occupancy and strikingly low delinquency rates as of February 2026. With top markets like Charlotte and Pittsburgh boasting 100% occupancy, the sector showcases an impressive average occupancy exceeding 92%. This stability fuels strong capital market activity, positioning industrial real estate as one of the most resilient segments in the commercial landscape.
Middle East Conflict Drives Fuel Prices Up and Alters U.S. Construction Landscape, Report Reveals
AGC • 03/13/2026
The latest AGC report unveils how the ongoing Middle East conflict is rippling through the U.S. construction landscape, with diesel prices soaring and crucial aluminum imports facing disruptions. As construction costs rise, firms are struggling to navigate moderate hiring demands amidst growing community resistance to new data center projects and a slowdown in solar capacity installations.
USTR Launches New Section 301 Probes, Targeting Trade Practices of 16 Economies Including China and EU
Clark Hill • 03/13/2026
The U.S. Trade Representative has launched new Section 301 investigations into the trade practices of 16 economies, including China and the EU, focusing on whether government policies are driving overproduction and causing trade imbalances. As the USTR examines potential tariffs, stakeholders are invited to voice their concerns during a structured comment period, signaling a pivotal moment in U.S.
Construction Industry Optimism Grows as CIRT Sentiment Index Hits 66.1, but Workforce Shortages Loom
FMI Corp • 03/11/2026
The latest report from FMI Corp reveals a surge in optimism within the construction industry, with the CIRT Sentiment Index climbing to 66.1 in Q1 2026, driven by stable demand and heightened expectations for design activities. Despite this positive outlook, a pressing workforce shortage looms, as 37% of industry respondents highlight skilled labor availability as a key challenge. Discover the full insights and strategic recommendations by downloading the complete CIRT Sentiment Index report.
February Sees Special Servicing Rate Dip to 10.73%, Driven by Office and Mixed-Use Trends Amid Retail Challenges
trepp • 03/10/2026
In February, the CMBS Special Servicing Rate dipped to 10.73%, driven by notable reductions in the office and mixed-use sectors, despite a challenging retail landscape. Trepp's latest report reveals a significant decline in mixed-use loans, while the retail segment faced pressure from a substantial loan transferring into special servicing. For deeper insights into these trends and their implications, check out Trepp's detailed analysis.
ITAD Sector Transforms: AI Infrastructure Fuels Growth Amid Rising Demand and Revenue Surge
FMI Corp • 03/10/2026
In a groundbreaking shift, the IT Asset Disposition (ITAD) sector is transforming into a high-growth industry driven by the skyrocketing demand for AI infrastructure. FMI Corp’s latest report reveals soaring revenues at major firms like Iron Mountain and Sims Limited, fueled by a booming market for repurposed components. As businesses pivot toward full-lifecycle services, the report underscores the need for ITAD leaders to adapt and capitalize on evolving valuation dynamics in this dynamic landscape.
J.P. Morgan's Updated U.S. Economic Outlook Reflects Lower Growth Amid Rising Geopolitical Tensions
J.P. Morgan Asset Management • 03/09/2026
In its latest report, J.P. Morgan Asset Management revises the U.S. economic outlook, citing lower growth expectations amid escalating geopolitical tensions and recent economic data.
Commercial Real Estate CLO Issuance Soars in 2026, Eyeing 2021 Peaks
trepp • 03/09/2026
A recent Trepp report highlights a remarkable rebound in commercial real estate collateralized loan obligation (CRE CLO) issuance, reaching $11.2 billion by early March 2026—a 34% increase from the previous year. This surge positions the market to potentially match or exceed the record levels of 2021, despite a more challenging interest rate environment. With multifamily properties dominating the sector and underwriting expectations adapting for stability, the CRE CLO landscape is shaping up to be a key player in transitional and value-add financing strategies this year.
J.P. Morgan's March Economic Update: Slower Growth Masks Optimism Amid Fiscal Stimulus and Tech Gains
J.P. Morgan Asset Management • 03/09/2026
J.P. Morgan Asset Management's latest economic update reveals a mixed landscape for the U.S. economy as of March 9, 2026, with slower-than-expected growth masking an underlying optimism thanks to fiscal stimulus and robust tech sector gains.
Dodge Momentum Index Plummets 7.3% in February Amid Cost and Labor Concerns
Dodge Construction Network • 03/06/2026
The Dodge Momentum Index (DMI) experienced a significant 7.3% decline in February, highlighting ongoing concerns in both cost and labor that are impacting builder confidence. Despite this dip, the long-term outlook remains promising, with a robust planning pipeline indicating a potential acceleration in construction spending by 2027. Notable commercial projects, including two massive data centers in Texas and a major convention center expansion in Florida, illustrate pockets of growth amid the slowdown.
Construction Employment Dips by 11,000 as Firms Cautiously Navigate Economic Uncertainties
AGC Construction Data • 03/06/2026
A recent report from the Associated General Contractors of America reveals a dip in construction employment, with 11,000 jobs lost in February across both residential and nonresidential sectors. This cautious trend, following a surge in hiring the previous month, highlights contractors' growing concerns about fluctuating material costs and demand for projects. Despite this setback, the construction industry continues to outpace the broader economy in job growth over the past year, showcasing its resilience amid uncertainty.
Construction Jobs Dip in February Amid Mixed Economic Signals and Rising Labor Costs
AGC • 03/06/2026
In February, construction jobs saw a decline, with total employment dipping to 8,309,000 as both residential and nonresidential sectors faced setbacks. While the construction workforce decreased by 11,000 from January, year-over-year figures show a gain of 42,000, highlighting resilient growth in nonresidential areas despite fluctuating labor costs and mixed economic signals. The report also sheds light on the evolving landscape of electric vehicle and battery plants, as projects face increasing uncertainty amid shifting market dynamics.
Bridging the Leadership Gap: Construction Firms Must Tackle Growth Challenges Head-On
FMI Corp • 03/06/2026
In a revealing March report, FMI Corp explores the widening leadership gap in the construction industry, underscoring how rapid growth often outpaces the development of capable leaders. With senior executives stretched thin and the impending retirement of seasoned project managers, companies face critical challenges that demand urgent attention. The report offers five actionable strategies for firms to strengthen their leadership depth and better equip themselves for the complexities of modern construction management.
High Performers in Construction: Discipline, Structure, and Forecasting Drive Success
FMI Corp • 03/05/2026
Discover what sets high-performing contractors apart in FMI Corp's latest report, “What High Performers Do Differently During Execution.” This insightful study reveals that success in construction hinges not on skill alone, but on discipline, structured operational practices, and consistent forecasting, offering actionable strategies for leaders aiming to elevate their project outcomes amidst industry volatility. Don't miss these essential findings that could transform your approach to project management!
Private Sector Jobs Rise by 63,000 in February; Pay Gains Solid at 4.5%
ADP • 03/04/2026
February brought a promising surge in private sector jobs, with an increase of 63,000 positions according to the latest ADP report. Annual pay gains remain robust at 4.5%, particularly benefiting those who stay with their employers—though job-changers may be feeling the sting of a slowing pay growth trend. As hiring focuses on sectors like construction and education, the employment landscape showcases both opportunities and challenges ahead.
"J.P. Morgan Explores Geopolitical Risks: Iran Conflict's Impact on 2026 Economic Outlook"
J.P. Morgan Asset Management • 03/04/2026
In its latest report, J.P. Morgan Asset Management delves into the potential fallout from conflict in Iran and its implications for the 2026 economic outlook. Highlighting the interplay between geopolitical tensions and financial markets, the report emphasizes how disruptions in energy supply could reshape investment strategies while reassuring investors that a resilient global energy landscape may cushion the impact.
Goldman Sachs Report: Iran Conflict Fuels Oil Prices Surge, Risks Near $15 Increase Per Barrel
Goldman Sachs • 03/03/2026
Goldman Sachs' latest report reveals that escalating conflicts in Iran could drive oil prices up by as much as $15 per barrel, as disruptions in the crucial Strait of Hormuz loom large. With a risk premium of around $14 per barrel already in play, the report highlights the potential for significant price volatility and its impact on global energy markets. As tensions rise, traders are keeping a keen eye on these developments, sensing major ramifications for both oil and LNG prices.
Navigating the Energy Transition: Insights on Infrastructure Challenges and Opportunities from FMI Corp's Latest Report
FMI Corp • 03/03/2026
In its latest report, FMI Corp delves into the complexities of the energy transition and the infrastructure challenges it brings, featuring insights from managing directors Russell Clarke, Andrew Henderson, and Dan Shumate. They explore critical trends like the skilled labor shortage and regulatory volatility impacting investment, while also highlighting promising innovations such as AI-driven efficiencies and the growing role of battery storage. With a keen focus on navigating these evolving dynamics, the report offers a roadmap for businesses eager to seize opportunities in power and renewable energy sectors.
Construction Material Costs Surge Amid Declining Spending, Tariff Pressures Highlighted in February Report
AGC Construction Data • 02/27/2026
A new report from AGC Construction Data reveals a concerning 2.9 percent spike in construction material costs, driven largely by tariffs on essential metals like aluminum, steel, and copper. While construction spending has dipped slightly, industry leaders stress the urgency for renewed infrastructure legislation to stabilize prices and boost domestic production. This dynamic landscape underscores the critical link between policy decisions and economic pressures facing the construction sector.
Construction Costs Surge Amid Tariffs, Spending Trends Shift in February Report
AGC • 02/27/2026
In its February report, the AGC reveals a sharp uptick in construction input prices, driven largely by tariffs on metals such as aluminum and steel. While nonresidential building starts have soared by 108% year-over-year, the residential sector faces a significant downturn with a 28% drop. Interestingly, the construction workforce is also experiencing a positive shift, with union membership rising and fatal injuries decreasing, hinting at safer job sites amidst economic changes.
Supreme Court Ruling Sparks Tariff Turbulence: Biden's New 15% Import Levies Face Legal Scrutiny and Market Uncertainty
J.P. Morgan Asset Management • 02/23/2026
In a landmark decision, the Supreme Court has deemed the President's use of the International Emergency Economic Powers Act for tariffs illegal, prompting a new 15% import levy amid ongoing legal and market uncertainty. J.P. Morgan Asset Management's February report delves into the implications of this ruling, highlighting potential refunds totaling $175 billion to importers and the tricky terrain of future tariff actions.
Construction Starts Up 0.7% in January Amid Mixed Sector Performance
Dodge Construction Network • 02/20/2026
In January 2026, total construction starts saw a modest increase of 0.7%, reaching a seasonally adjusted annual rate of $1.24 trillion, according to the latest report from Dodge Construction Network. While nonresidential and residential sectors faced declines, a remarkable surge in nonbuilding projects—particularly a staggering 184.8% rise in electric power and utilities—signals shifting dynamics in the industry. Key projects, including the $12 billion Port Arthur LNG facility, highlight the sector's resilience amidst mixed performance.
Construction Employment Surges to 8.3 Million Amid Mixed Market Signals and Wage Gains
AGC • 02/13/2026
In its February report, AGC reveals a promising surge in construction employment, soaring to 8.3 million with significant gains in nonresidential sectors. As wages in construction climb to an average of $38.26 per hour—outpacing the private sector—the industry faces both challenges and opportunities, particularly in multifamily housing. While costs and regulations loom, the demand for new developments like data centers and solar projects could reshape the landscape ahead.
Goldman Sachs Report Reveals Longstanding Stagnation in US Construction Productivity Since 1965
Goldman Sachs • 02/12/2026
A new report from Goldman Sachs reveals a troubling trend in U.S. construction productivity, which has stagnated since 1965, averaging a decline of 0.6% annually. Economist Elsie Peng attributes this lack of growth to factors including outdated technology, increasing housing regulations, and potential mismeasurements in output, painting a stark picture of an industry struggling to innovate while the economy evolves around it.
Dodge Momentum Index Slips 6.3% in January, Signaling Cooldown in Construction Planning
Dodge Construction Network • 02/06/2026
In a key indicator of the construction market, the Dodge Momentum Index has slipped 6.3% in January, signaling a potential cooling in planning activity. While most commercial and institutional sectors experienced declines, data center projects continue to thrive, suggesting a shift towards more sustainable growth patterns. This early 2026 report highlights significant planned projects, including major data centers and institutional buildings, amidst a backdrop of substantial year-over-year increases in overall planning.
Construction Jobs Surge in Early 2026, Led by D.C. and Kansas City Amid Mixed Metro Trends
AGC • 02/06/2026
A February report from the Associated General Contractors of America reveals a striking surge in construction jobs, with Washington, D.C., and Kansas City leading the charge in early 2026. While 176 metro areas saw employment growth, notable losses in places like Las Vegas and New York City highlight a mixed landscape. With job openings soaring by 42% year-over-year and significant wage increases for union workers, the construction sector is poised for a dynamic year ahead.