Policy Volatility Reshaping US Construction Landscape

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Policy uncertainty has disrupted anticipated development patterns in the U.S. construction industry, creating challenges but also opportunities that vary widely across regions, sectors and projects. JLL’s 2025 Construction Perspective: U.S. Mid-year Update provides crucial insights on navigating this complex environment with a focused response that moves beyond reactivity. “The construction industry is experiencing uncertainty that is affecting everything from material costs to labor availability,” said Louis Molinini, head of project and development services, Americas, JLL. “Despite these challenges, we’re seeing remarkable resilience in select sectors and regions that remain extremely active. It’s a local game that rewards strategic capital planning … Read more

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Construction Outlook 2025: How AI Revolution Will Influence What We Build, How We Build It

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The AI revolution is here, and it’s taking the form of a complete transformation of America’s electrical grid, water infrastructure and manufacturing industry. In his annual industry outlook, Deron Brown, president and chief operating officer for PCL Construction, offers an analysis of how the demand for more data processing and the energy to power it will impact the construction industry in 2025. “Artificial intelligence has already transformed the way many of us live and work. Over the next several years, the construction industry will be kept busy as the world plays catch-up, building the data centers, energy infrastructure and manufacturing … Read more

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H2 2022 Construction Outlook: Rising Costs, Tempered Outlooks

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The first half of 2022 saw cost inflation persist at an elevated rate as strong construction demand competed with a broad range of global and local issues. Though inflation and supply chain troubles are reminiscent of 2021, the contributing material components have shifted and new supply side issues have emerged. Despite a global inability to control the wide ranging disruptions and widespread fear of a recession, the industry is only just beginning to see a modest pullback and tempering of builder confidence. How will the industry’s existing inertia fare against changing economic outlooks and uncertainty? JLL’s latest Construction Outlook updates … Read more

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FMI Releases 2019 FMI Overview

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FMI Corporation has released its “2019 FMI Overview,” featuring FMI’s latest forecast, the 2019 U.S. and Canada Construction Outlook. The publication offers comprehensive construction forecasts for a broad range of market segments and geographies in the U.S. and Canada and provides valuable insights from FMI executives on how to navigate the next 12 months. Key highlights of the report include: 2018 marked another strong year for the North American built environment, with total U.S. engineering and construction spending growth expected to finish at 5 percent, the same as in 2017. Spending growth in 2018 was predominantly led by transportation and … Read more

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