CRB’s Horizons series of industry reports pools the talents and expertise of our leading subject matter experts to understand the conditions and forces affecting the life sciences and food and beverage industries. Our Horizons: Market Conditions report is a quarterly snapshot of the construction economy that addresses the challenges of capital project planning. It covers supply chain, escalation, labor and more.
Horizons: Market Conditions
download todaySkilled labor is scarce, tariff uncertainty is unsettling material pricing, and overbooked steel mills are quoting year-long lead times with no promises on capacity. Meanwhile, data center and pharma megaprojects are competing for the same contractors, electrical infrastructure, and water supply, turning access to power and water into a project constraint as real as any other site-selection criteria.
Horizons: Market Conditions Q1 2026 report
Supply chains are under pressure, lead times are shifting unfavorably, and quickly rising oil prices will have impacts for months to come. Meanwhile, there are multiple billion-dollar U.S. construction commitments from the pharma industry, amid those of AI data centers and other industries, creating an influx of megaprojects with highly specific equipment needs.
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Horizons: Market Conditions Q3 2025 report
Lead times for equipment and materials have improved 48% year-over-year, and prices are stabilizing. However, tariff, labor and demand challenges continue while most vendors expect price increases in 2026, signaling ongoing caution. Despite these challenges, we see growth in specialized areas like oral solid dosage, small molecule, food and beverage manufacturing capacity.
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Horizons: Market Conditions Q2 2025 report
How are tariffs, labor shortages, and regulatory shakeups reshaping your project costs and timelines? CRB’s Horizons: Market Conditions Q2 2025 report delivers the latest trends and the strategies to navigate them.
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