US Construction Service
We unlock actionable insights on US construction activity with county-level forecasts powered by Oxford Economic’s forecasting expertise and ConstructConnect’s project data.
in this page:
Overview
Today’s construction market is dynamic, shaped by evolving economic conditions, demographic shifts, and changes in public policy. Our Construction Forecasting Service, developed in partnership with ConstructConnect, equips you with county-level forecasts by combining economic modelling with a database of nearly 2 million upcoming construction projects.
Access comprehensive forecasts across public and private sectors, anticipate regional trends, benchmark performance, and make confident, data-driven decisions in an evolving construction landscape.
What’s Included?
Our forecasts are underpinned by Oxford Economics Global Economic Model, ensuring they consistently reflect the broader macroeconomic environment including growth, inflation, interest rates, and employment trends that shape construction activity.
US Construction Data and Forecasts
Our forecasts are underpinned by Oxford Economics Global Economic Model, ensuring they consistently reflect the broader macroeconomic and demographic environment, including investment cycles, interest rates, government budget positions, population growth, cost escalation, and employment trends that shape construction activity.
- Quarterly updates: The service is refreshed every quarter, drawing on our baseline macroeconomic forecasts for the US and global economies, as well as our global industry outlooks.
- Construction forecasts: We provide five-year forecasts from the US Census Bureau, helping users anticipate shifts in residential, commercial, and infrastructure trends.
- Granular forecasts: We provide historical data and five-year forecasts for each of the 18 sectors covered by the US Census Bureau’s Value of Construction Put-in-Place survey for both publicly funded and privately funded activity.
- Geographic Coverage: Our database spans national aggregates, all 50 states plus the District of Columbia, more than 400 metropolitan areas, and over 3,000 counties.
- Detailed Segmentation: Forecasts are available by construction type, residential and non-residential, and by spender, including the private sector, federal government, and state or local governments.
Together, these features provide a complete, data-driven view of the US construction market, enabling users to plan strategically, benchmark effectively, and respond confidently to evolving market conditions.
- Updated quarterly
- 5 years ahead
- 48 indicators
- 81 construction series
- 50 states + District of Columbia
- 400+ metropolitan areas
- 3000+ counties
US Construction Reports and Analysis
Our construction economists deliver independent analysis to help you navigate the evolving US construction landscape and make informed, data-driven decisions.
Quarterly updates and chartbook:
The service is refreshed quarterly, combining Oxford Economics award-winning global macroeconomic and industry forecasts with ConstructConnect’s comprehensive construction project database. Each update is accompanied by a chartbook offering a clear, visual summary of key construction trends and forecast highlights.
Advanced analytical tools:
Our web-based databank empowers users to build custom queries and access data in multiple formats, underpinned by detailed macroeconomic assumptions and both real and nominal construction values.
Reports:
- National Construction Outlook: A quarterly report highlighting key forecast narratives and changes to the outlook.
- State Reports: State-level updates in a concise, standardised format.
- Research Briefings: Thematic analysis on key trends shaping construction markets, from demographics and AI to construction costs and climate transition risk.
- Quarterly Chartbook: A visual executive summary of key forecasts, highlighting macroeconomic drivers, regional shifts, and sectoral performance.
Together, these resources provide a comprehensive, timely, and actionable view of the US construction market, combining robust data with expert interpretation to guide strategic planning and informed investment decisions.
Platform and tools
Our US Construction platform makes it easy to access, analyse, and apply industry-leading forecasts directly into your planning and reporting workflows.
- Databank access: Our web-based databank allows you to build custom queries and download data in multiple formats, underpinned by consistent macroeconomic assumptions and detailed real and nominal construction values.
- Interactive dashboards: Through our Tableau-powered dashboards, users can visualise trends, compare states and sectors, and monitor key indicators in just a few clicks, helping identify growth hotspots and evolving market dynamics.
- Webinars and insights: Regular US-focused webinars explore major themes shaping the construction landscape from infrastructure investment and housing demand to supply-chain challenges and cost pressures.
- Research resources: Our research portal and AI Assistant help you navigate analysis efficiently, extract narratives, and integrate key insights into your reports and presentations.
- Expert support: Our global team of experts in macroeconomics and construction gives you direct access to timely guidance and tailored interpretation of our forecasts and data.
Together, these tools deliver a seamless experience – combining powerful data access, visual intelligence, and expert commentary to help you make confident, evidence-based decisions in the US construction market.
- API
- Data feed
- Excel plug-in
Why Oxford Economics
Model-backed forecasts
Powered by Oxford Economics global macroeconomic and industry models, our US Construction Service directly links national and regional economic drivers to construction activity. Updated quarterly, our forecasts deliver a five-year outlook across public and private sectors, grounded in reliable market fundamentals.
Comprehensive and consistent data
We apply a unified methodology across all states and sectors, providing 48 key indicators and 81 construction series that ensure accurate, like-for-like comparisons across geographies and segments. This consistency enables clear benchmarking and long-term trend analysis.
Granular geographic intelligence
Our service offers deep coverage across the US from national aggregates and all 50 states to over 400 metropolitan areas and 3,000 counties – giving you precise visibility into where growth and risks are emerging.
Independent construction market insight
Our economists and industry experts provide unbiased, data-driven analysis to help you understand the US construction landscape and strengthen your strategic decisions.
Benefits
Discover where the next wave of US construction growth will occur and understand the forces driving it.
- Identify growth opportunities: Pinpoint the fastest-growing construction markets and sectors, supported by data-driven analysis of economic, policy, and investment trends.
- Benchmark performance: Compare national, state, and local construction activity against your own portfolio to assess competitiveness and market position.
- Future-proof your strategy: Leverage Oxford Economics robust, model-backed forecasts to plan confidently, manage risks, and safeguard your long-term business objectives.
- Anticipate market shifts: Stay ahead of turning points in demand, pricing, and project pipelines with independent insights from our construction and macroeconomic experts.
Latest insights
-
FEB 26 2026 -
-
-
-
-
-
-
Client testimonial
We were drawn to working with Oxford Economics for its solid reputation and the strength of its research, and we’ve been particularly impressed with your ability to present this to governments and the media.
When tackling a policy issue as cross-cutting and complex as industrial strategy TBI needed an economics partner that could not only produce robust independent evidence, but who could work with us iteratively to push the frontier of knowledge to help us develop novel policy recommendations. Oxford Economics rose to this challenging brief with enthusiasm and professionalism – delivering high-quality content in a project that was well-managed from start to finish.
For Transwestern’s asset services, investment management and development businesses, we depend on economic inputs and editorial content that are rational and insightful to inform our decisions. Oxford Economics delivers. Their website is intuitive and easy to use and when we’ve had questions their customer service has been responsive. Oxford Economics has become a valuable partner and I recommend them to organizations in the real assets business looking for economic intelligence backed by intuitive usability.
The inputs provided by Oxford Economics have been crucial for our business. In an always-changing environment, where economic data is key to understand the potential recovery of the B2C markets, Oxford Economics has proven its value, providing continuous analyses and insights on the future of our markets and the key economic global outlook for the next years.
CMHC’s Stress Testing and ORSA team has started this year using Oxford Economics for the purpose of Stress-Testing. Our experience has been very positive. The software is sound, intuitive and user friendly. But most of all, it allows the user to understand the links between the variables and for a certain degree of customization. Without naming the tool that CMCH used prior to this year, it goes without saying the OE represents a significant upgrade over the previous tool. Further, we have also contracted OE to help us design Stress-Test scenarios. The support we have received from the team was excellent, especially during the early days of the COVID19 Pandemic. Alex, Zach, Tim, and the rest of the team, really went above and beyond to help us meet our corporate objectives.
Request a demo
Request a demo to experience our US Construction service firsthand. Fill out the form with your details, and our team will contact you shortly to schedule your personalised session.
We are committed to protecting your right to privacy and ensuring the privacy and security of your personal information. We will never share your details with third parties, and you can unsubscribe at any time.
