Construction Spending in the United States decreased 0.40 percent in June of 2025 over the previous month. This dataset provides the latest reported value for - United States Construction Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The volume of construction activity in Australia was forecast to be increase by one percent in the 2025 fiscal year compared to the previous year. This was an improvement from the construction activity decline in Australia in financial year 2019, which was around 9.2 percent.

Graph and download economic data for Total Construction Spending: Residential in the United States (TLRESCONS) from Jan 2002 to May 2025 about residential, expenditures, construction, and USA.

Brazil Construction Industry Survey: Actual-Usual Activity Level data was reported at 34.200 Point in May 2019. This records a decrease from the previous number of 35.400 Point for Apr 2019. Brazil Construction Industry Survey: Actual-Usual Activity Level data is updated monthly, averaging 40.950 Point from Dec 2009 (Median) to May 2019, with 114 observations. The data reached an all-time high of 55.600 Point in May 2010 and a record low of 25.300 Point in Feb 2016. Brazil Construction Industry Survey: Actual-Usual Activity Level data remains active status in CEIC and is reported by National Confederation of Industry. The data is categorized under Brazil Premium Database’s Business and Economic Survey – Table BR.SF004: CNAE 2.0: Construction Industry Survey: Actual-Usual Activity Level: by Sector. The survey is conducted throughout the national territory. Indicators for the country are built to the geographical regions and units of partner associations. The research unit is the 'company'. The Company is the union of all local units carrying the same economic activity, in the same unit of the Federation.

In the first four months of 2022, the economic activity of the construction sector in Argentina reported positive growth rates of up to 6.2 percent. However, these figures are significantly lower than in the previous year, since this sector obtained two digit growth figures from January to September 2021. The reason for the strong decrease of the construction sector for the most part of 2020 were the lockdown measures implemented in the country in the face of the COVID-19 pandemic. The worst result was reported in April, with an year-on-year decrease of over 69 percent in the Argentine construction sector's economic activity.

Graph and download economic data for Total Construction Spending: Commercial in the United States (TLCOMCONS) from Jan 2002 to Jun 2025 about expenditures, commercial, construction, and USA.

The value of overall construction output in the United States grew by over *** trillion U.S. dollars in 2024. That refers to all construction activities, including the construction of buildings and infrastructure, as well as other specialized activities, such as roofing, HVAC, and plumbing installation, among others. The construction sector during recessions The strength of the construction industry generally tends to parallel that of the nation’s economy. After the Great Recession in 2008, there was a noticeable decrease in the value of new construction put in place in the United States, as it can be observed in this statistic. Nevertheless, both public and private construction spending in the U.S. kept increasing in 2020 despite the effects of the start of the COVID-19 pandemic in the economy. Construction worker shortage To sustain growth, there are several challenges that the construction industry in the U.S. has faced in the past years. The shortage if skilled labor in the construction industry has been one of the most notable barriers to growth in the industry in the past couple of years. The industry is facing that challenge at a time in which there is also a high demand for new buildings, as there was a significant housing shortage in metropolitan areas all throughout the United States.

The US construction industry suffered a downturn in 2017, contracting by 1.0% in real terms that year, following an average annual growth of 5.0% during the preceding four years. This decline can be attributed to the slowdown in non-residential buildings construction activity and the decline in the government’s outlay on major infrastructure projects. Read More

In 2018, a survey of executives of the construction industry in the U.S. did not show much optimism regarding the activity of the residential construction market for 2019. Almost ********** of the respondents stated that residential constructions in the United States would stay the same or decrease in 2019.

The Polish construction market is valued at 61.71 billion and is projected to grow at a CAGR of 2.92% during the forecast period (2025-2033). The market is driven by factors such as the increasing demand for housing, the renovation of old buildings, and the development of infrastructure. The residential sector is the largest segment of the market, accounting for over 50% of the total revenue. The non-residential sector is also expected to grow significantly, driven by the construction of new commercial and industrial buildings. Key trends in the Polish construction market include the increasing use of sustainable building materials and technologies, the adoption of digital construction methods, and the growing demand for off-site construction. The market is also expected to be impacted by the COVID-19 pandemic, which has led to a decline in construction activity in 2020. However, the market is expected to recover in the coming years, driven by the government's stimulus measures and the increasing demand for housing and infrastructure. Recent developments include: The Poland construction market is projected to grow from USD 61.71 billion in 2023 to USD 80.0 billion by 2032, exhibiting a CAGR of 2.92% during the forecast period. The growth of the market is attributed to increasing investments in infrastructure development, residential construction, and commercial projects. The government's focus on developing sustainable and energy-efficient buildings is also driving the growth of the market. Recent news developments in the market include the launch of the "Green Building Program" by the government, which aims to promote the construction of eco-friendly buildings. Additionally, the government has announced plans to invest heavily in transportation infrastructure, which is expected to boost the demand for construction services.. Key drivers for this market are: Government infrastructure spending private sector investments energy efficiency renovations smart city development and green building initiatives. Potential restraints include: Increasing infrastructure investments rapid urbanization rising disposable income.

Over the current period, waterproofing contractors have faced an overall decline in revenue. While the residential construction market performed well for some of the current period, consistently slow commercial construction activity hindered growth. Over the past five years, industry-wide revenue has been declining at an expected CAGR of 2.2%, reaching an estimated $5.2 billion in 2024, when revenue is set to increase 0.1% and profit is expected to have fallen to 7.2%. The outbreak of COVID-19 had mixed effects on waterproofing contractors. Low interest rates meant to spur the economy led to a housing market boom, driving industry demand through private spending on home improvements and housing starts. Despite low interest rates, economic uncertainty and falling corporate profit led to falling commercial construction activity. As interest rates have been elevated from 2022 into 2024, when the Federal reserve has begun to cut rates, residential and commercial construction activity has fallen. Elevated wage and purchase costs have drove down average industry profit margins in recent years. Over the outlook period, waterproofing contractors will return to growth. Growing housing starts will bolster waterproofing contractors' growth as mortgage rates eventually drop. Private spending on home improvements returning to growth will be a boon to contractors. An uptick in commercial building construction activity over the outlook period as interest rates continue to drop will also promote growth. Tax incentives for energy-efficient residential and commercial buildings will greatly benefit waterproofing contractors. Overall, industry revenue is expected to grow at a CAGR of 1.6% to reach $5.6 in 2029.

Construction output In the Euro Area increased 2.90 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Euro Area Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Argentina Construction Activity Index: Highway & Street data was reported at 115.900 1997=100 in Dec 2009. This records a decrease from the previous number of 122.100 1997=100 for Nov 2009. Argentina Construction Activity Index: Highway & Street data is updated monthly, averaging 91.395 1997=100 from Jan 1993 (Median) to Dec 2009, with 204 observations. The data reached an all-time high of 138.200 1997=100 in Nov 2007 and a record low of 41.630 1997=100 in Jul 2002. Argentina Construction Activity Index: Highway & Street data remains active status in CEIC and is reported by National Institute of Statistics and Censuses. The data is categorized under Global Database’s Argentina – Table AR.EA004: Construction Activity Index: 1997=100.

The Canadian construction industry registered minimal growth in 2018, with output expanding by 0.6% in real terms – down from 4.3% in 2017. The sharp deceleration in activity was mainly driven by significant declines in residential construction, as well as repair, engineering and other construction activities. Overall, the industry posted negative growth during the review period (2014-2018), registering a compound annual growth rate (CAGR) of -0.29% in real terms. Low commodity prices, weak household spending and a decline in manufacturing investment hindered growth during the review period. Read More

More than a quarter of the construction companies involved in private projects in Argentina considered price instability and a decrease in the economic activity to be the most important causes of an downturn in the construction activity. Those were mentioned by the construction companies involved in public projects as the main expected constraints for the sector between January and March 2024.

Based on short-term projections, the U.S. non-residential construction market is expected to increase by approximately *** percent in 2025. That year, growth is expected to be the highest in the data center construction segment, with a year-on-year change of **** percent. Meanwhile, the value of spending on warehouses was expected to decrease that year, but to recover in 2026. The value of private non-residential buildings put in place in the U.S. soared in 2023 and continued growing in 2024. That was similar to how public non-residential construction has evolved, which also had a noticeable growth in 2023 and 2024. Non-residential construction market There are various drivers that impact the non-residential construction market and can be highly dependent on the sector. Demand for leisure travel has a major influence on the value of hotel construction in the United States. For example, construction spending on the hotels fell sharply in the first years of the COVID-19 pandemic, when travel was constrained. On the other hand, the growth in the office building market is guided to a large extent by corporate relocations, the lack of vacant spaces in major metropolitans, and trends in the hybrid working policies of companies. Industrial real estate receives most investment The value of investment in commercial real estate in the U.S. fell significantly in 2022 and 2023, but it started recovering slightly in 2024. The value of investment in office real estate fell the most in the past years, but it grew at a faster pace than other segments in 2024.

Construction output in Mexico decreased 0 percent in May of 2025 over the same month in the previous year. This dataset provides - Mexico Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Chile Construction Activity Index: IMACON data was reported at 135.500 1996=100 in Oct 2006. This records a decrease from the previous number of 135.600 1996=100 for Sep 2006. Chile Construction Activity Index: IMACON data is updated monthly, averaging 100.190 1996=100 from Apr 1989 (Median) to Oct 2006, with 211 observations. The data reached an all-time high of 138.400 1996=100 in Aug 2006 and a record low of 57.190 1996=100 in Apr 1989. Chile Construction Activity Index: IMACON data remains active status in CEIC and is reported by Chilean Construction Chamber. The data is categorized under Global Database’s Chile – Table CL.EA006: Construction Activity Index. Rebased from 1996=100 to 2003=100 Replacement series ID: 127054808

According to Cognitive Market Research, the global Construction Machinery Rental Market size will be USD 127154.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 50861.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 38146.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 29245.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6357.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2543.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
The earthmoving category is the fastest growing segment of the Construction Machinery industry

Market Dynamics of Construction Machinery Rental Market

Key Drivers for Construction Machinery Rental Market

Increasing demand for flexible lease agreements: Adaptable rental contracts enable contractors to modify their equipment usage based on particular project needs. This approach aids in optimizing resources and expenses without the necessity for long-term obligations. The capacity to rent machinery customized to the length and scale of projects is fueling demand throughout the construction sector.

Access to state-of-the-art technology: Rental firms are progressively providing sophisticated machinery that features GPS tracking, automation, and telematics systems. These innovations enhance efficiency, minimize downtime, and facilitate real-time monitoring. The opportunity to utilize contemporary equipment without the responsibilities of ownership motivates contractors to prefer rental services over outright purchases.

Restraint Factor for the Construction Machinery Rental Market

Vulnerability to economic downturns: The construction sector is intricately linked to the overall economic landscape. In times of economic decline or recession, construction activities tend to decrease, resulting in a diminished demand for rental equipment. Consequently, the rental market exhibits a high sensitivity to fluctuations in economic conditions.

High maintenance and logistics challenges: Construction machinery necessitates substantial maintenance and meticulous handling. For rental companies, guaranteeing equipment reliability and overseeing transport logistics can elevate operational expenses. Any delays or technical difficulties may disrupt projects and impact customer satisfaction, thereby serving as a limitation on market expansion.

Key Trends for the Construction Machinery Rental Market

Surge in smart equipment integration: There is an increasing trend towards the adoption of connected machinery that incorporates features such as real-time diagnostics, predictive maintenance, and usage tracking. This development enables rental firms to manage their fleets more effectively and offers additional value to clients who prioritize reliability and data-informed decision-making.

Growing demand from short-term urban projects: The processes of urbanization and the emergence of time-sensitive infrastructure initiatives are driving a heightened preference for short-term equipment rentals. Contractors engaged in road repairs, public infrastructure, and smart city projects find rental services to be both cost-effective and operationally adaptable for fulfilling stringent deadlines.

Impact of Covid-19 on the Construction Machinery Rental Market

Covid-19 had a significant impact on the Construction Machinery Rental Market. Due to supply chain disruptions caused by government-enforced lockdowns aimed at stopping the disease's spread, the COVID-19 epidemic had a detrimental effect on international trade. A reduction in earnings was observed by various construction enterprises as a result of the cessation of all construction-related operations. Product penetration is being driven, nevertheless, by a decline in COVID instances and the...

Turkey Construction Confidence Index: Past 3 Mth: Building Activity data was reported at 58.580 Point in Oct 2018. This records a decrease from the previous number of 60.659 Point for Sep 2018. Turkey Construction Confidence Index: Past 3 Mth: Building Activity data is updated monthly, averaging 95.380 Point from Jan 2011 (Median) to Oct 2018, with 94 observations. The data reached an all-time high of 119.200 Point in Jul 2011 and a record low of 58.580 Point in Oct 2018. Turkey Construction Confidence Index: Past 3 Mth: Building Activity data remains active status in CEIC and is reported by Turkish Statistical Institute. The data is categorized under Global Database’s Turkey – Table TR.S004: Sectoral Confidence Indices.