Construction Slowdown Impact on GDP: How It Could Impact the U.S. Economy in 2026 and Beyond
The U.S. construction sector stands at a critical crossroads. Recent data from the Bureau of Labor Statistics reveals a concerning trend that has economists and industry leaders on high alert. Construction activity declined by 3.2 percent in the final quarter of 2024, marking the steepest quarterly drop in over five years. This slowdown carries profound…