By Alisa Zevin – ENR – June 18, 2025
Uncertainty has plagued the overall economy in the first half of 2025, with U.S. construction industry activity slowing considerably, according to data from Dodge Construction Network.
“Tariff-driven cost increases will be difficult for consumers and producers to absorb amid an already-high inflationary environment, likely weakening demand and exerting downward pressure on prices and economic growth,” says Sarah Martin, associate director of forecasting at Dodge.