Despite shifts in certainty from global movements, political transitions and natural disasters, the construction industry’s resilience proves to be steadfast in the outlook for 2025. While these changing factors present challenges and opportunities, JLL’s 2025 U.S. Construction Outlook identifies three key focus areas to start the year strong: getting ahead of the curve, critically embracing sustainability and innovation, and building for people and resilience.

JLL predicts 2025 will show a more modest performance than the incredibly strong 2024. This is largely due to reported contractions for nine out of the 12 previous months, as well as construction starts being at record lows. However, interest rate cuts and increased loan originations are supporting predictions of a strong round of starts for 2025. With federal policies expected to change, infrastructure spending, trade policies and regulatory environments may also be affected. To get ahead of this curve, J