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Home » Construction Outlays Slip In January As Potential Widespread Tariffs Threaten To Push Back Investment Decisions, Upend Costs And Supply Chain
Economics

Construction Outlays Slip In January As Potential Widespread Tariffs Threaten To Push Back Investment Decisions, Upend Costs And Supply Chain

March 3, 2025Updated:March 10, 2025No Comments1 Min Read
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Construction spending decreased 0.2 percent from December to January with mixed results across residential, nonresidential, and public segments, according to an analysis of a new government report that the Associated General Contractors of America released today. Association officials cautioned that spending on new construction projects could be negatively impacted by proposed new tariffs on a range of goods from Canada, Mexico and China that are likely to make projects more costly.

“Construction spending growth has been slowing under pressure from high interest costs and now the prospect of new waves of tariffs,” said, Ken Simonson, chief economist of the Associated General Contractors of America. “There have already been notable cancellations and postponements for major manufacturing plants and the impacts of new tariffs are likely to lead to more delays and cancellations.”

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AGC Home Building Construction Data Construction Spending Federal/Heavy Highway Infrastructure Utility
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May 30, 2025

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