Construction Market & Economy
Spending, demand, and the economic signals that shape an owner's construction decisions.
ICGM GROUP / NEWS & INSIGHTS
Construction intelligence. Company perspective.News & Insights.
Construction · Innovation · Market intelligence
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Practical developments in construction technology, automation, and project information.
Construction Costs & Materials
Material pricing, procurement planning, and the factors behind project budgets.
Federal & Commercial Construction
Procurement, delivery, and operating conditions across public and private projects.
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Company perspectives and lessons from ICGM’s actual project experience.
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CONSTRUCTION MARKET WATCH
Signals worth watching.
Selected releases reviewed October 23, 2026. Not live data.
U.S. construction spending
$2,203.1BSeasonally adjusted annual rate
August 2026 · Reported estimateWork-in-place estimate. The reported monthly increase was 0.9% ±1.0%; Census flags it as not statistically significant. National total, not a local forecast.
U.S. Census Bureau ↗Released October 1, 2026Construction selling prices
0.0%Month-over-month PPI change, seasonally adjusted
August–September 2026 (preliminary) · Reported estimateAn output-price measure for construction. It is not a material-input index or a prediction of your project’s bid price.
BLS • Table 2, Final demand construction ↗Released October 15, 2026Construction employment
+11,000Payroll jobs over the month, seasonally adjusted
September 2026 · Reported estimateBLS describes construction employment as little changed. National payroll evidence does not establish local trade availability; estimates may be revised.
BLS • Employment Situation ↗Released October 2, 2026Architecture billings
44.7AIA/Deltek Architecture Billings Index
September 2026 · Survey indicatorSurvey indicator: 50 separates increasing from decreasing billings. A demand signal, not a numerical forecast of construction spending or project starts.
AIA ↗Released October 21, 2026Each measure describes a different part of the market. National estimates and survey indicators are not project-specific forecasts. Recheck original releases before making decisions; values may be revised.
THE EDITORIAL STANDARD
Useful industry insight.
Practical ICGM perspective.
Original analysis for the people who plan, design, finance, and build. We distinguish reported results from forecasts, identify our sources, and explain what the evidence may mean for real project decisions.
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