Construction Economics for November 24, 2025
Brad Rehnstrom2025-11-20T13:00:00+00:00ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics
ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics
Data centers continue to drive a significant amount of market growth. Following a substantial 55.7% spike in 2024, FMI forecasts data center construction to increase 24.9% in 2026, following a 33.4% increase in 2025.
Transportation will continue to grow through 2026, while manufacturing will weaken, economists say.
Some say artificial intelligence is just another tech bubble when it comes to architecture, engineering, and construction. Industry technologist Burcin Kaplanoglu says it is already changing construction workflows for the better.

The killing of 20-year-old welder Amber Czech in Minnesota has spurred trade groups to advocate for better protections for women and transparency in harassment reporting.