The crane count according to Rider Levett Bucknall’s (RLB’s) Crane Index held steady during the first quarter of 2025.
The index reflects “the market’s overall hesitation to move forward with major construction projects due to economic uncertainty,” RLB says. Of the 14 cities surveyed, seven experienced a decrease of greater than 20%; two increased; and five held steady.
Certain markets remain strong, with Toronto, New York City, and Honolulu showing new activity, particularly in residential and mixed-use developments. Cities with a decrease of more than 20% include Chicago, Denver, Phoenix, Portland, San Francisco, Seattle, and Washington D.C.
Crane counts increased in New York City and Toronto, with Boston, Calgary, Honolulu, Los Angeles, and Las Vegas holding steady.
