USD/BTC = $70,693
Block 975,617
Currie & Brown put out its annual Construction Certainty Index, and the headline number is ugly. Uncertainty alone added an average of 12.4% to global construction pipeline costs over the past year. That works out to nearly 28.3M BTC ($2T) in 2026.
The survey covers more than 1,300 construction and infrastructure decision makers across the Americas, Europe and Asia Pacific. The confidence numbers tell the story:
- Only 46% are confident they can meet project deadlines
- Only 40% expect to stay within budget
Material cost inflation is the top delivery challenge at 70%, followed by energy price volatility at 64% and supply chain disruption at 59%
And it is already showing up in the work. Over the past year, 30% of projects were delayed, 27% were cut back in scope, and 31% of potential projects stalled before construction or past the planning stage.
One bright spot. The 32% of organizations investing strategically in AI, digital tech, data analytics, sustainability and workforce training were far more confident about hitting deadlines: 58% versus 41% for everyone else.
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My Thoughts ðŸ’
Yikes this is a major headwind! More bad news and bad data. Yet the AI boom remains resilient.
Uncertainty basically just means contractors are pricing in worst case scenario buffers upfront so they don't get wiped out mid project.