Construction Financial Management Association (CFMA)

Construction Financial Professionals Remain Confident Amid Uncertainty

Often, the first quarter is associated with a rebound in confidence among financial professionals connected to the U.S. construction industry. That did not happen during 2025’s initial quarter. While the Overall Confindex reading has expanded during 11 of the past 15 first quarters on record, the index declined 2.6% during the first quarter of 2025 to 113. Nonetheless, the overall index is up 3.7% on a year-ago basis and remains reasonably elevated by historical standards.
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Construction Dive

The Nine Largest Commercial Construction Starts of February 2025

Construction activity held steady in February as gains in commercial building offset a slowdown in multifamily and manufacturing starts, according to a report from Dodge Construction Network.

Total construction starts ticked up 0.5% in February to a seasonally adjusted annual rate of $1.1 trillion, according to the report. Nonresidential building starts, which include office, hotel and healthcare projects, grew 2% in February, while residential starts slipped 1%. Nonbuilding starts — such as highways, bridges and utility plants — remained about flat for the month, according to Dodge.

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