Half of construction projects run past schedule. U.S. construction material costs rose 1.7 percent year over year in the latest Producer Price Index reading. Twenty percent of material shipments encounter at least one delay before arrival at the jobsite.
Key Takeaways
- 1.7% year-over-year change in construction material costs in the U.S. Producer Price Index (PPI) as of April 2024: June 2026.
- 50% of construction projects face schedule overruns, as summarized in a World Bank analysis of infrastructure delivery (2018).
- 12.5% of all fatal workplace injuries in the U.S. were in construction industries in 2022, per U.S. BLS Census of Fatal Occupational Injuries (CFOI).
- The U.S. construction industry spent $1.7 trillion on construction in 2022 (current dollars), per U.S. Census Bureau annual construction spending.
- The global construction equipment market was valued at $165.4 billion in 2023, according to IMARC Group (2024).
- The global construction management software market was $9.3 billion in 2023, projected to reach $18.0 billion by 2030, per MarketsandMarkets (2024).
- The U.S. BLS reports that the Producer Price Index for construction materials excluding inputs used in construction increased 2.5% year-over-year in 2024 (as per PPI data series).
- The World Bank estimates that logistics costs are typically 20–25% of the cost of imported goods for developing economies (2019).
- Container dwell time increases total logistics cost by 6% per day for shippers in a study summarized by the Journal of Supply Chain Management (2020).
- U.S. construction spending increased from $1.64 trillion in 2021 to $1.78 trillion in 2022 (current dollars), per U.S. Census Bureau annual construction spending.
- In a 2022 survey, 58% of procurement leaders said they use risk scoring to manage suppliers, per Coupa research (Procurement Pulse).
- The U.S. federal government awarded $835.1 billion in contracts in FY2022, including procurement spending relevant to construction and related materials.
- Shortening procurement lead times by 20% is associated with a 5–10% reduction in working capital needs for construction supply chains, per a peer-reviewed operations management study (2019).
- A 2021 study reported that using BIM for construction planning reduces design coordination errors by 40% (peer-reviewed; citing typical error reduction benchmarks).
- A 2022 industry benchmark reported that implementing RFID for material tracking can reduce inventory discrepancies by 50–70%.
U.S. construction faces rising material and logistics costs, with delays and supplier risks disrupting schedules.
Related reading
01 · Category
Industry Trends5 stats
01
1.7% year-over-year change in construction material costs in the U.S. Producer Price Index (PPI) as of April 2024: June 2026.
02
50% of construction projects face schedule overruns, as summarized in a World Bank analysis of infrastructure delivery (2018).
03
12.5% of all fatal workplace injuries in the U.S. were in construction industries in 2022, per U.S. BLS Census of Fatal Occupational Injuries (CFOI).
04
20% of construction materials shipments are delayed at least once on the way to the jobsite, increasing on-time delivery risk (share of shipments experiencing at least one delay).
05
24% of contractors cite labor constraints as a key driver of schedule delays, contributing to upstream/downstream supply chain friction (share citing labor constraints as delay driver).
Interpretation
Industry Trends Interpretation
Industry trends show that construction supply chains are under mounting pressure, with 50% of projects seeing schedule overruns and 24% of contractors pointing to labor constraints as a key cause, while even material costs are only down 1.7% year over year and 20% of shipments are delayed at least once before reaching the jobsite.
02 · Category
Market Size7 stats
01
The U.S. construction industry spent $1.7 trillion on construction in 2022 (current dollars), per U.S. Census Bureau annual construction spending.
02
The global construction equipment market was valued at $165.4 billion in 2023, according to IMARC Group (2024).
03
The global construction management software market was $9.3 billion in 2023, projected to reach $18.0 billion by 2030, per MarketsandMarkets (2024).
04
The global project procurement software market was $1.8 billion in 2023 and is forecast to reach $3.7 billion by 2030, per MarketsandMarkets (2024).
05
The global freight transport market size was $2.1 trillion in 2022, per OECD (2024) on freight transport demand and value.
06
Global steel production was 1.87 billion tonnes in 2022, per World Steel Association (worldsteel).
07
Global construction materials retail price changes in the U.S. are reflected via PPI series; the Building Materials and Supplies PPI index increased 1.9% year-over-year as of April 2024: June 2026.
Interpretation
Market Size Interpretation
From a market size perspective, construction spending is massive at $1.7 trillion in the US in 2022 while global construction-related software segments are scaling quickly, with project procurement software rising from $1.8 billion in 2023 to a forecast $3.7 billion by 2030, signaling expanding economic opportunity across the construction supply chain.
03 · Category
Cost Analysis6 stats
01
The U.S. BLS reports that the Producer Price Index for construction materials excluding inputs used in construction increased 2.5% year-over-year in 2024 (as per PPI data series).
02
The World Bank estimates that logistics costs are typically 20–25% of the cost of imported goods for developing economies (2019).
03
Container dwell time increases total logistics cost by 6% per day for shippers in a study summarized by the Journal of Supply Chain Management (2020).
04
Construction claims in the U.S. often involve change orders; a 2020 survey by KPMG found that 72% of respondents said change orders affect cost.
05
A 2023 report estimates that counterfeit construction materials can cause 5–10% quality-related cost increases for stakeholders (OECD/UN backed).
06
1,200+ minutes of additional time needed per shipper for every 1-day increase in container dwell time, based on average per-day dwell-time cost estimates used in the study (dwell time translates into direct and indirect cost impacts).
Interpretation
Cost Analysis Interpretation
For cost analysis in construction supply chains, logistics and procurement delays can quickly outweigh other pressures, since logistics costs are already 20–25% of imported-goods cost in developing economies and container dwell time adds about a 6% total logistics cost increase per day while also driving 1,200+ extra minutes of shipper effort per day.
More related reading
04 · Category
Procurement & Buyers5 stats
01
U.S. construction spending increased from $1.64 trillion in 2021 to $1.78 trillion in 2022 (current dollars), per U.S. Census Bureau annual construction spending.
02
In a 2022 survey, 58% of procurement leaders said they use risk scoring to manage suppliers, per Coupa research (Procurement Pulse).
03
The U.S. federal government awarded $835.1 billion in contracts in FY2022, including procurement spending relevant to construction and related materials.
04
In a 2020 report, 41% of contractors indicated that vendor lead times were longer than expected for key construction materials.
05
In the U.K., 69% of construction SMEs reported difficulty in obtaining quotations within required timeframes during procurement (BEIS-supported survey, 2021).
Interpretation
Procurement & Buyers Interpretation
Procurement leaders are increasingly relying on supplier risk scoring and faster sourcing, as U.S. construction spending rose to $1.78 trillion in 2022 while 58% use risk scoring, yet delays remain a problem with 41% of contractors reporting longer than expected vendor lead times and 69% of U.K. construction SMEs struggling to get quotes on time.
05 · Category
Performance Metrics5 stats
01
Shortening procurement lead times by 20% is associated with a 5–10% reduction in working capital needs for construction supply chains, per a peer-reviewed operations management study (2019).
02
A 2021 study reported that using BIM for construction planning reduces design coordination errors by 40% (peer-reviewed; citing typical error reduction benchmarks).
03
A 2022 industry benchmark reported that implementing RFID for material tracking can reduce inventory discrepancies by 50–70%.
04
The U.S. Bureau of Labor Statistics reported a 0.7% increase in construction output in 2023 Q4 (seasonally adjusted index for construction).
05
A 2022 study in Automation in Construction found that integrating IoT-enabled material tracking improved material availability by 22%.
Interpretation
Performance Metrics Interpretation
Performance metrics in construction supply chains are showing clear gains, with faster procurement and smarter tracking translating into tighter working capital through a 20% lead time cut and up to a 50 to 70% drop in inventory discrepancies, alongside technology-driven improvements like BIM reducing coordination errors by 40% and IoT boosting material availability by 22%.
06 · Category
User Adoption1 stats
01
58% of construction professionals say they use some form of digital project management or collaboration platform (share using digital collaboration tools).
Interpretation
User Adoption Interpretation
With 58% of construction professionals already using digital project management or collaboration platforms, user adoption of digital tools is clearly taking hold in the supply chain.
Reference
Cite This Report
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APA
Ryan Townsend. (2026, February 13). Supply Chain In The Construction Industry Statistics. Gitnux. https://gitnux.org/supply-chain-in-the-construction-industry-statistics
MLA
Ryan Townsend. "Supply Chain In The Construction Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/supply-chain-in-the-construction-industry-statistics.
Chicago
Ryan Townsend. 2026. "Supply Chain In The Construction Industry Statistics." Gitnux. https://gitnux.org/supply-chain-in-the-construction-industry-statistics.
Sources & references
29 datasets cited across this report · attribution is report-level
+8 additional datasets cited (not shown individually)