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 todaySupply 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.
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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Horizons: Market Conditions Q1 2025 report
The construction industry wrapped up the first quarter of 2025, facing themes of tariff-related uncertainty. These policy changes, increased data center projects, moderate price increases and fresh labor concerns set the stage for 2025.
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