US Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2030 (Q1 2026)

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Explore the future of the US construction industry with GlobalData’s US Construction Market Analysis report. Analyze construction market forecasts, infrastructure investment, residential construction growth, semiconductor manufacturing projects, renewable energy infrastructure, mega-project pipelines, and state-level opportunities through 2030. Gain insight into US construction trends, project pipelines, FDI inflows, contractor activity, and infrastructure spending shaping the construction sector.

Why Does the US Construction Market Matter for Your Business?

The US construction industry continues to evolve through rising infrastructure investment, manufacturing expansion, renewable energy development, and large-scale semiconductor projects.

This report provides a comprehensive analysis of the US construction market, including industry forecasts, sector performance, mega-project pipelines, infrastructure spending, investment trends, and key growth opportunities through 2030.

You can use this report to:

  • Understand growth trends across the US construction industry
  • Analyze opportunities across residential, industrial, infrastructure, and energy sectors
  • Evaluate major construction project pipelines and investment activity
  • Monitor semiconductor and manufacturing infrastructure developments
  • Benchmark market risks, competitive pressures, and contractor activity
  • Assess public and private investment trends influencing construction demand
  • Support strategic planning, investment analysis, and market expansion decisions

Built on GlobalData’s proprietary construction database and sector expertise, this report helps support forecasting, competitive benchmarking, and business strategy development across the US construction industry.

Key Insights in the US Construction Industry

The report highlights how infrastructure investment, manufacturing growth, and residential recovery are supporting the US construction market outlook.

Key themes covered include:

  • The US construction industry is expected to grow by 1.1% in real terms in 2026
  • Residential building activity is projected to return to growth
  • Public and private investment in renewable energy and transport infrastructure continues to support market expansion
  • The US government approved $21.2 billion for public transit under FY2026
  • Public transit funding increased 1.5% compared with FY2025
  • The Capital Investment Grants (CIG) pipeline currently includes 54 projects valued at $96.2 billion
  • US foreign direct investment inflows reached $288 billion in 2025, increasing 3.3% year on year
  • Manufacturing infrastructure and semiconductor projects are expected to drive long-term construction growth
  • Texas Instruments announced plans to invest $60 billion in seven semiconductor factories across Texas and Utah by 2032
  • Taiwan-based technology and semiconductor companies are expected to invest at least $250 billion in US chip factory construction and production expansion

In addition, the report examines construction activity across commercial, industrial, infrastructure, residential, institutional, and energy sectors.

Scope

What Will You Learn from This US Construction Market Report?

This report provides insight into:

  • US construction industry forecasts through 2030
  • Residential, industrial, infrastructure, and energy sector performance
  • Construction market segmentation by sector and sub-sector
  • Public infrastructure and transportation investment trends
  • Semiconductor and manufacturing construction developments
  • Mega-project pipeline analysis and development stages
  • Major project listings and spending outlooks
  • Competitive dynamics and contractor activity
  • Construction market risks and growth drivers
  • State-level construction opportunities and trends

The report also includes historical analysis from 2021–2025 and forecast data covering 2026–2030.

Target Buyers for This Report

This report may be valuable for:

  • Construction companies and contractors
  • Infrastructure developers
  • Engineering and consulting firms
  • Real estate and property developers
  • Renewable energy companies
  • Manufacturing and semiconductor firms
  • Investors and private equity firms
  • Government infrastructure agencies
  • Market intelligence and strategy teams
  • Building materials suppliers
  • Financial institutions supporting infrastructure projects

In addition, organizations evaluating expansion opportunities across the US construction and infrastructure sectors may use this report to support investment and strategic planning decisions.

How Companies Use This US Construction Industry Analysis Report

Construction firms, investors, and infrastructure stakeholders can use this report to benchmark market activity, evaluate project pipelines, and identify growth opportunities.

For example:

  • Construction companies may use the report to identify high-growth sectors and regions
  • Infrastructure developers can evaluate public transit and transportation investment opportunities
  • Semiconductor and manufacturing companies may assess construction capacity expansion trends
  • Investors can benchmark large-scale infrastructure and industrial development pipelines
  • Consulting firms may use the insights to support construction strategy and infrastructure advisory projects
  • Materials suppliers can evaluate future demand linked to major construction projects

Reasons to Buy

Benchmark US Construction Trends Against Industry Leaders

This report helps you benchmark construction activity and infrastructure development trends across one of the world’s largest construction markets.

It provides comparative insight into:

  • Infrastructure investment pipelines
  • Residential and industrial construction growth
  • Renewable energy and transport infrastructure activity
  • Semiconductor manufacturing developments
  • Competitive market dynamics
  • Contractor and consultant activity
  • Public and private investment trends

As a result, you can better understand how construction market participants are positioning themselves within evolving economic and infrastructure conditions.

Built on Trusted GlobalData Construction Intelligence

GlobalData’s Construction in the US and Key States – Key Trends and Opportunities to 2030 report is built on GlobalData’s proprietary construction database and deep industry expertise.

Trusted by Fortune 500 companies, infrastructure developers, investors, contractors, and government agencies, GlobalData’s intelligence helps organizations monitor construction developments and identify emerging market opportunities.

In addition, GlobalData’s analysts bring decades of expertise across infrastructure, construction forecasting, project intelligence, industrial development, and market analysis.

Act Now to Identify Growth Opportunities in the US Construction Market

The US construction industry continues to evolve through infrastructure modernization, industrial investment, renewable energy expansion, and semiconductor manufacturing growth.

This report can help you monitor market trends, benchmark competitive developments, and identify strategic opportunities across the US construction industry through 2030.

Table of Contents

1 Executive Summary

2 Construction Industry: At-a-Glance

3 Context

3.1 Economic Performance

3.2 Political Environment and Policy

3.3 Demographics

3.4 Risk Profile

4 Construction Outlook

4.1 All Construction

– Outlook

– Latest news and developments

– Construction Projects Momentum Index

4.2 Commercial Construction

– Outlook

– Project analytics

– Latest news and developments

4.3 Industrial Construction

– Outlook

– Project analytics

– Latest news and developments

4.4 Infrastructure Construction

– Outlook

– Project analytics

– Latest news and developments

4.5 Energy and Utilities Construction

– Outlook

– Project analytics

– Latest news and developments

4.6 Institutional Construction

– Outlook

– Project analytics

– Latest news and developments

4.7 Residential Construction

– Outlook

– Project analytics

– Latest news and developments

5 Construction in Key US States

5.1 California

– Outlook

– Latest news and developments

5.2 Florida

– Outlook

– Latest news and developments

5.3 Texas

– Outlook

– Latest news and developments

5.4 New York

– Outlook

– Latest news and developments

5.5 Pennsylvania

– Outlook

– Latest news and developments

5.6 Georgia

– Outlook

– Latest news and developments

5.7 Illinois

– Outlook

– Latest news and developments

5.8 Ohio

– Outlook

– Latest news and developments

5.9 Virginia

– Outlook

– Latest news and developments

5.1 North Carolina

– Outlook

– Latest news and developments

6 Key Industry Participants

6.1 Contractors

6.2 Consultants

7 Construction Market Data

8 Appendix

8.1 What is this Report About?

8.2 Definitions

8.3 CRI Methodology

About GlobalData

Contact Us

Table

Table 1: Construction Industry Key Data

Table 2: The US, Key Economic Indicators

Table 3: The US, Commercial Construction Output by Project Type (Real % Change), 2021–30

Table 4: The US, Top Commercial Construction Projects by Value

Table 5: The US, Industrial Construction Output by Project Type (Real % Change), 2021–30

Table 6: The US, Top Industrial Construction Projects by Value

Table 7: The US, Infrastructure Construction Output by Project Type (Real % Change), 2021–30

Table 8: The US, Top Infrastructure Construction Projects by Value

Table 9: The US, Energy and Utilities Construction Output by Project Type (Real % Change), 2021–30

Table 10: The US, Top Energy and Utilities Construction Projects by Value

Table 11: The US, Institutional Construction Output by Project Type (Real % Change), 2021–30

Table 12: The US, Top Institutional Construction Projects by Value

Table 13: The US, Residential Construction Output by Project Type (Real % Change), 2021–30

Table 14: The US, Top Residential Construction Projects by Value

Table 15: California, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 16: California, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 17: Florida, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 18: Florida, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 19: Texas, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 20: Texas, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 21: New York, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 22: New York, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 23: Pennsylvania, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 24: Pennsylvania, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 25: Georgia, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 26: Georgia, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 27: Illinois, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 28: Illinois, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 29: Ohio, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 30: Ohio, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 31: Washington, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 32: Washington, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 33: North Carolina, Construction Output by Sector (Nominal $ Billion), 2021–30

Table 34: North Carolina, Construction Output by Sector (Real, $ Billion, 2022 Prices), 2021–30

Table 35: The US, Key Contractors

Table 36: The US, Key Consultants

Table 37: The US Construction Output Value (Real, $ Billion)

Table 38: The US Construction Output Value (Nominal, $ Billion)

Table 39: GlobalData Construction Market Definitions

Table 40: GlobalData Construction Market Definitions

Table 41: Ratings, Scores and Definitions

Figures

Figure 1: North America, Construction Output (Real % Change), 2024–30

Figure 2: The US, Construction Output by Sector (Real % Change), 2024–26 and 2027–30

Figure 3: The US, Risk Summary

Figure 4: The US, Risk Regional Comparison

Figure 5: The US, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2021–30

Figure 6: The US, Construction Output Value, by Sector (Real, $ Million), 2021–30

Figure 7: The US, Value of Construction Put in Place ($ Billion, Seasonally Adjusted Annual Rate), YoY % Change

Figure 8: The US, Number of People Employed in the Construction Industry, In Thousands

Figure 9: The US, Construction Projects Momentum Index

Figure 10: North America, Construction Projects Momentum Index

Figure 11: The US, Commercial Construction Output by Project Type (Real, $ Million), 2021–30

Figure 12: The US, Commercial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 13: The US, Value of Lodging, Office, and Commercial Construction Put in Place ($ Billion, Seasonally Adjusted Annual Rate), YoY % Change

Figure 14: The US, Total International Tourist Arrivals

Figure 15: The US, Total Retail Sales Value (In $ Billion, Seasonally Adjusted, in Nominal Terms)

Figure 16: The US, Industrial Construction Output by Project Type (Real, $ Million), 2021–30

Figure 17: The US, Industrial Construction Projects Pipeline, Value by Stage ($ Million)

Figure 18: The US, Total Manufacturing Construction Put in Place ($ Million, Seasonally Adjusted Annual Rate)

Figure 19: The US, Industrial and Manufacturing Production Indices (2017=100, Seasonally Adjusted)

Figure 20: The US, Total Exports ($ Billion, Seasonally Adjusted)

Figure 21: The US, Total Manufacturing New Order Value ($ Billion, Seasonally Adjusted)

Figure 22: The US, Infrastructure Construction Output by Project Type (Real, $ Million), 2021–30

Figure 23: The US, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)

Figure 24: The US, Total Transportation Construction Put in Place (US$ Million, Seasonally Adjusted Annual Rate), YoY % Change

Figure 25: The US, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2021–30

Figure 26: The US, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)

Figure 27: The US, Total Power Construction Put in Place (US$ Million, Seasonally Adjusted Annual Rate)

Figure 28: The US, Construction Put in Place on Water Supply and Sewage and Waste Disposal Infrastructure (US$ Million, Seasonally Adjusted Annual Rate)

Figure 29: The US, Total Communication Construction Put in Place (US$ Million, Seasonally Adjusted Annual Rate)

Figure 30: The US, Institutional Construction Output by Project Type (Real, $ Million), 2021–30

Figure 31: The US, Institutional Construction Projects Pipeline, Value by Stage ($ Million)

Figure 32: The US, Total Educational, Healthcare, Public Safety and Religious Buildings Construction Value Put in Place (US$ Billion, Seasonally Adjusted Annual Rate)

Figure 33: The US, Residential Construction Output by Project Type (Real, $ Million), 2021–30

Figure 34: The US, Residential Construction Projects Pipeline, Value by Stage ($ Million)

Figure 35: The US, Total Residential Construction Value Put in Place (US$ Million, Seasonally Adjusted Annual rate)

Figure 36: The US, Total New Housing Units Permit Authorized (Seasonally Adjusted Annual Rate, In Thousand)

Figure 37: The US, Housing Starts (Unadjusted), In Thousands

Figure 38: The US, New Home Sales, in Thousands, In Seasonally Adjusted

Figure 39: The US, Price Index of New Single-Family Houses Under Construction (2005=100)

Figure 40: The US Construction Output Value by States, 2025 (Nominal, $ Billion)

Figure 41: The US Construction Output Growth Rate by States, (Nominal CAGR, 2026-30)

Figure 42: California, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 43: California, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 44: California, Construction Employment

Figure 45: Florida, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 46: Florida, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 47: Florida, Construction Employment

Figure 48: Texas, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 49: Texas, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 50: Texas, Construction Employment

Figure 51: New York, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 52: New York, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 53: New York, Construction Employment

Figure 54: Pennsylvania, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 55: Pennsylvania, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 56: Pennsylvania, Construction Employment

Figure 57: Georgia, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 58: Georgia, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 59: Georgia, Construction Employment

Figure 60: Illinois, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 61: Illinois, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 62: Illinois, Construction Employment

Figure 63: Ohio, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 64: Ohio, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 65: Ohio, Construction Employment

Figure 66: Washington, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 67: Washington, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 68: Washington, Construction Employment

Figure 69: North Carolina, Construction Output Value (Real, $ Billion, 2022 Prices), 2021–30

Figure 70: North Carolina, New Privately Owned Housing Units Authorized by Building Permits (% change YoY)

Figure 71: North Carolina, Construction Employment

Figure 72: The US, Headquarters of Key Contractors (% of Total Project Pipeline)

Figure 73: The US, Headquarters of Key Contractors (% of Total Project Pipeline)

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