We are pleased to share Gilbane’s Q3 2025 Market Conditions Report. This quarterly report provides a national macroeconomic view of the overall economy and its impacts on the U.S. construction industry, focusing on market-driven data, end-to-end supply chain constraints, equipment and material availability, costs, and risk mitigation strategies.
This quarter, in addition to our interactive Geographic Insights, our Supply Chain Spotlight provides updated analysis focused on the impacts of the ongoing tariffs on global construction supply chains.
Click here to read the report.
Top three takeaways from the Q3 2025 Report:
- Economic Outlook: Despite a slight increase in inflation, recent policy changes have had mixed impacts on the U.S. economy. Positively, consumer spending is on the rise, indicating greater confidence and economic activity. Meanwhile, inflation has been on the uptick since March, upholding the Federal Reserve’s recent decision to maintain current interest rate targets.
- Construction Market: The construction industry is projected to grow in 2025, but at a slower rate than in previous years. However, advances in artificial intelligence, digital delivery, and automation are leading to greater efficiency, setting the stage for a smarter and more streamlined industry.
Supply Chain and Labor: Tariffs and geopolitical uncertainties continue to impact material prices and lead times, but the industry remains resilient. Labor shortages persist in several regions, with the unemployment rate for construction workers 2.2 percentage points lower in July than it was in April.
Please reach out to our team of experts to support your project planning.
Click here to contact our supply chain experts.
