The construction industry faces a changing landscape, as the Trump administration proposes the remodeling of some of the most striking federal policies in the country.
With changes in infrastructure priorities, regulatory journeys and economic changes, contractors and developers are preparing for both new opportunities and possible setbacks. Some sectors, such as data centers and infrastructure, are planned for rapid growth, while clean energy projects and high -speed railroads could see federal support decrease. Other types of projects have a mixed or uncertain perspective under the new administration.
The construction immersion then takes into account the construction sectors ready to gain momentum under the second term of President Donald Trump:
Data centers
The growth in the construction of the data center should rise to the new heights this year after a strong rhythm of activity by 2024, according to the annual survey of the annual perspectives of the general contractors of America.
Around 42% of contractors surveyed by AGC, up to 20% last year, hope that the value of sector projects will be more than 2025 than by 2024. JP Morgan provides for spending on data centers in increase US GDP According to Reuters.
This push is fed by large technology companies. For example, a new joint company among the technology giants Openai, Softbank and Oracle, called Stargate, plans to invest 100 billion dollars in artificial intelligence infrastructurewith the potential of climbing up to $ 500 million by 2028. Trump announced the initiative at the White House, calling -the essential to keep the United States in the innovation of the AI. It was committed to the fast permit track and supporting energy projects to feed the data center.
)[Data center construction] It has appeared as one of the fastest growing construction markets, “said Brian Kassalen, director and leader of the Baker Tilly construction industry, a firm of advice, fiscal and guarantee.” Even before the Announcement of Project Stargate, the construction of the data center was a largest market with a significant growth scheduled for 2025 and beyond. “
Earlier this year, Clayco, based in Chicago, presented a new business unit to accelerate his data center construction efforts. CEO Anthony Johnson hopes that the construction of the data center construction will reach more than $ 4.6 billion by 2026, up to $ 3.6 billion in revenue by 2024.
“The Hypersalç Data Center market is expected to grow from 10% to 20% per year in the next five years,” said Johnson. “… there is still a lot of opportunities to build both projects and organization in this sector.”
Energy projects to feed and
This impulse in the data center sector will also promote activity in the electricity sector, said Kassalen.
Energy consumption of the United States Data Center will probably be Triple in the next three years and could consume up to 12% of national energy use, according to the Department of Energy. This leaves a large space for future energy projects, said Kassalen.
“This increase in energy demand is based on trends such as the explosive growth of the AI, the expansion of cloud computing and the advances in digital transformation,” said Kassalen. “These developments are expected to maintain and accelerate the demand for new data centers, creating opportunities for energy construction projects.”
But these forecasts could be exaggerated. Deepseek, based in China, claims to have developed a Model and the most profitableWhich has made some investors question whether these mass data centers will be needed.
Blackstone’s COO, Jon Gray, acknowledged the concerns of investors during a Recent earnings callBut maintaining the most wide AI should still maintain the demand for the construction of data centers.
“Obviously we spent a lot of time last week looking at Deepseek’s impact,” Gray said during the earnings call. “We still think that there is a vital need for physical infrastructure, data centers and power.”
Around 32% of AGC -surveyed contractors, up to 25% last year, expect that the value of energy construction projects will be more than 2025 than by 2024. This is used by Trump’s plans to support Trump In Trump’s oil and natural gas production, Kassalen said. Technology giants are also going more and more nuclear energy To meet these growing energy requirements, according to CBRE, a firm of commercial real estate services based in Dallas.
Kassalen added that Trump’s policy leadership suggests that there may be a deployment of many restrictions on drilling, both for projects on the ground and on the high seas. Trump issued directives to accelerate Allow energy infrastructure projectsUsing emergency regulations by virtue of laws such as the clean water law to ensure faster approval for oil, gas, nuclear and coal developments.
This will lead to a greater demand for contractors who can do this type of work, said Kassalen.
“From a construction point of view, the push to expand nuclear and fossil fuel projects could significantly benefit the industry. The increase in energy development would promote the demand for related infrastructure, such as new roads, pipes, processing facilities and other support systems, “said Kassalen. “This prioritization of fossil fuels, combined with a potential support for nuclear energy, positions the construction sector to play a key role in supporting the country’s energy goals.”
Manufacturing projects
The adjustment of the North -American Manufacturing facilities, a key focus of the Biden administration, seems to also bloom under Trump administration, said AGC CEO, Jeffrey Shoaf, during the webinar of The prospects for the construction of the commercial association.
In recent years, efforts have been launched to resuscitate North -American Manufacture 988 billion dollars in private companies investments After decades of defeating. These projects, distributed by the country, include biotechnology facilities of several dollars, chip manufacturing plants and electric vehicle batteries factories.
Trump’s foreground includes improved Tax reductions and rationalized permit processes For manufacturing plants, according to the Bonadio group, a New York accounting and accounting firm in Rochester. These measures aim to reduce barriers, increase national production and place the United States as a leader in the manufacturing sector.
The contractors remain the optimistic impulse in space, said Ken Simonson, an AGC chief economist, during the AGC webinar. Around 25% of AGC -surveyed contractors, up to 15% last year, expect that the value of manufacturing construction projects will be more than 2025 than in 2024.
Roads and bridges
With Trump he takes the post, wait “a greater approach to more traditional infrastructures such as roads and bridges,” according to Alex Etchen, Vice President of Government Relations with the General Associated Contractors of America.
With the Law on Investment and Infrastructure jobs that expires in September 2026, the Trump Administration will have the opportunity to do elaborates his own surface transportation The Rea -authorization Bill, which shaped the transport policy over the coming years, wrote the experts of the Miami -based law firm, Holland & Knight wrote in a brief. This is probably more emphasis on roads.
“Although some GOP legislators support the high-speed railway, the development of interstate roads, which Congress’s Republicans consider more beneficial to rural Americans, will have a priority,” according to the document.
