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Story summary
- Dodge Construction Network (DCN) reports that in October 2025, total U.S. construction starts rose 21.1% to an annual rate of $1.53 trillion, driven by nine major megaprojects.
- Nonresidential construction led growth, rising 17.9%.
- Projects included Calcasieu Pass LNG Export Terminal ($15.1 billion) and Rio Grande LNG Phase 2 ($9 billion).
- Residential construction declined by 15.4%, particularly in multifamily units.
- Experts warn expansion is uneven across sectors, with high-tech projects dominating.
