JLL Project and Development Services (PDS) has released its 2026 U.S. Construction Perspective, revealing how policy-driven market dynamics are creating distinct regional opportunities and competitive advantages across the construction landscape.
“The construction industry is navigating an unprecedented convergence of policy impacts that are fundamentally reshaping market dynamics,” said Louis Molinini, head of project and development services for the Americas, JLL. “While much of 2025 was at a standstill due to uncertainty, we now have directional clarity that enables strategic positioning for organizations ready to move beyond reactive approaches.”
Construction spending fell 4.7 percent in 2025, illustrating the substantial impact of market uncertainty on industry performance. While JLL projects a return to positive territory with 0.4 percent growth in 2026, this near-flat trajectory underscores ongoing industry pressures and the critical need for
