Explore the latest trends and actionable insights on the US Construction market to inform business strategy and pinpoint opportunities and risks

The US construction industry gains traction, but supply-side constraints remain

  • GlobalData expects the construction industry in the US to grow by 1.8% in 2021 and 3.7% in 2022

  • Growth in the construction put in place series has accelerated in recent months, rising from an average of 3.0% in January-March to 8.4% in April-July 2021

  • Although the outlook is positive, GlobalData expects that supply-side constraints will continue to hamper overall construction activity this year, limiting developers’ ability to build more affordable housing units and take advantage of the acute shortage of homes in the sector

The US construction industry gains traction, but supply-side constraints remain

Published: October 2021
Source: GlobalData

Explore the latest trends and actionable insights on the US Construction market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the US Construction market to inform business strategy and pinpoint opportunities and risks Visit Report Store
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