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2025 Mid-Year Market Update and Construction Input Pricing Report

At mid-year 2025, the U.S. construction industry is navigating slower economic growth, tighter financing, and uneven demand. Total spending declined 2.9% year-over-year, with private-sector activity softening while infrastructure investment remained a bright spot. Forward-looking indicators offer a mixed outlook, with strong planning pipelines but continued weakness in design activity pointing to potential delays ahead.

HITT Contracting’s experts carefully monitor the impacts of these volatile conditions on our economy and our access to supplies, materials pricing, and schedules. Equipping you with these insights is our dedicated research and development (R&D) team, which has gathered relevant data and information to provide you with a deep dive into the current state of the economy and supply chain.

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