Market Insights

Despite $1.3trn of investments, US industrial construction set to contract

US industrial construction faces further contraction in 2026 as tariffs, weakening manufacturing demand, labour market pressures and supply chain disruption weigh on the sector. Despite the challenging outlook, a $1.3trn project pipeline points to continued investment across major industrial developments. OCH examines the latest market data, project activity and developments shaping the sector.

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