Texas Construction Outlook Remains Strong Despite Labor Shortages and Rising Costs

Texas' construction boom continues, driven by population growth and demand for housing, offices, and industrial sites. Spending is projected to reach $50.3 billion by 2025, led by expanding suburbs and major metros. Challenges include skilled labor shortages, rising land and material costs, and infrastructure strain. Efforts to improve wages, safety, and training aim to address workforce gaps. Despite pressures, investor confidence and demand remain strong, fueled by growth in manufacturing, data centers, and clean energy projects.