Consensus Construction Forecast
See what’s ahead for the construction industry with this twice-a-year survey of the nation’s leading construction economists who forecast business conditions over the next 12–18 months.
A 12–18 month forecast of nonresidential business conditions
The AIA Consensus Construction Forecast panel includes leading nonresidential construction forecasters in the United States from the following groups:
- Dodge Construction Network
- S&P Global, Market Intelligence
- Moody’s Analytics
- FMI
- ConstructConnect
- Associated Builders & Contractors
- Wells Fargo Securities
- Markstein Advisors
- Piedmont Crescent Capital
- Free Agent Economist
The forecast projects business conditions in the construction industry over the coming 12–18 months, and has been conducted for nearly 20 years.
Nonresidential building construction reflects a K-shaped economy in 2026, marked by widening differences in performance across sectors.
In 2026, nonresidential construction faces slowing growth, widening sector imbalances, and continued economic uncertainty.
Firm revenue is down by an average of 3% from 2025, expected to remain flat in 2027.
Nearly half of architecture firms are actively engaging with AI.
