Construction projects are shaped by more than demand: input prices, labor availability, and regulatory and schedule friction can all move outcomes. We use 2024–2025 signals—from construction input cost easing to workforce conditions—to show where pressure is building and where it’s easing. You’ll also see how technology priorities like data integration and cloud project management are changing execution, plus how safety and trade employment fit into the picture.
Key Takeaways
- 14.3% was the construction output growth rate forecast for 2025 (baseline projection).
- 26.2% was the year-over-year decline in the Producer Price Index for construction inputs in May 2024, suggesting easing input cost pressures relative to earlier peaks.
- 3$2.35 trillion was the estimated size of the global construction market in 2024, reflecting the overall revenue base for construction activities.
- 434% of construction executives said they expect permit and inspection delays to worsen in 2025, indicating ongoing regulatory friction in project delivery.
- 527.2% of construction firms reported that labor costs were the most important factor affecting their business in the third quarter of 2024 (FMI/Associated Builders and Contractors survey).
- 67.1% of U.S. construction starts were delayed beyond intended completion dates in 2024, showing the prevalence of schedule slippage.
- 772% of construction executives said data integration/analytics is a top priority for improving performance in 2025, reflecting technology-driven process improvement focus.
- 831% of construction firms reported that they use cloud-based project management tools across projects in 2024, indicating migration from on-premise to cloud software.
- 95.5% was the unemployment rate for construction workers in the United States in 2024, indicating the degree of labor slack in the sector.
- 103.2% of construction workers in the U.S. worked in occupations classified as electricians in 2023, underscoring the trade composition of construction employment.
- 118.1% of construction workers reported being self-employed in 2023, showing a sizable share of independent labor in construction.
- 126.8% of construction firms reported that equipment costs were the most important factor affecting business in Q3 2024, pointing to ongoing cost pressure beyond labor.
- 1310.8% of workers in construction were injured in 2022 (nonfatal occupational injury and illness rate).
- 14$1.65 trillion was the estimated value of construction put in place in 2022 in the United States.
Despite easing input prices, construction faces labor and permitting delays, with 2025 growth forecast at 4.3%.
Related reading
01Market Size
4- 14.3% was the construction output growth rate forecast for 2025 (baseline projection).
- 26.2% was the year-over-year decline in the Producer Price Index for construction inputs in May 2024, suggesting easing input cost pressures relative to earlier peaks.
- 3$2.35 trillion was the estimated size of the global construction market in 2024, reflecting the overall revenue base for construction activities.
- 443,352 megawatts of solar were installed in the United States in 2023, indicating a major volume of construction and installation activity tied to the energy sector.
More related reading
02Industry Trends
3- 134% of construction executives said they expect permit and inspection delays to worsen in 2025, indicating ongoing regulatory friction in project delivery.
- 227.2% of construction firms reported that labor costs were the most important factor affecting their business in the third quarter of 2024 (FMI/Associated Builders and Contractors survey).
- 37.1% of U.S. construction starts were delayed beyond intended completion dates in 2024, showing the prevalence of schedule slippage.
More related reading
03Technology Adoption
2- 172% of construction executives said data integration/analytics is a top priority for improving performance in 2025, reflecting technology-driven process improvement focus.
- 231% of construction firms reported that they use cloud-based project management tools across projects in 2024, indicating migration from on-premise to cloud software.
04Labor And Employment
3- 15.5% was the unemployment rate for construction workers in the United States in 2024, indicating the degree of labor slack in the sector.
- 23.2% of construction workers in the U.S. worked in occupations classified as electricians in 2023, underscoring the trade composition of construction employment.
- 38.1% of construction workers reported being self-employed in 2023, showing a sizable share of independent labor in construction.
More related reading
05Industry Overview
2- 16.8% of construction firms reported that equipment costs were the most important factor affecting business in Q3 2024, pointing to ongoing cost pressure beyond labor.
- 210.8% of workers in construction were injured in 2022 (nonfatal occupational injury and illness rate).
More related reading
06Cost Analysis
1- 1$1.65 trillion was the estimated value of construction put in place in 2022 in the United States.
Cite this report
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APA
Magnus Öberg. (2026, September 20). Construction Industry Statistics. Statpit. https://statpit.com/construction-industry-statistics
MLA
Magnus Öberg. "Construction Industry Statistics." Statpit, 20 Sep 2026, https://statpit.com/construction-industry-statistics.
Chicago
Magnus Öberg. 2026. "Construction Industry Statistics." Statpit. https://statpit.com/construction-industry-statistics.
Sources and references
15 datasets cited across this report. Attribution is report-level.
oecd.org
enr.com
gartner.com
bls.gov
statista.com
abc.org
uncitral.un.org
softwareadvice.com
seia.org
census.gov5 additional datasets are cited and not shown individually.