Cumming Group’s Market Analysis gives in-depth insights into construction cost trends, economic indicators, and sector-specific developments across the built environment. We compile and analyze data from projects around the globe to help industry professionals make informed, strategic decisions.
High interest rates and tighter financing continued to cool U.S. construction activity in Q4 2025, particularly in residential and traditional commercial sectors. While housing softened, data centers, industrial facilities, and publicly funded infrastructure helped stabilize overall market performance despite ongoing cost pressures and cautious investment sentiment.
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