The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...
CHICAGO--(BUSINESS WIRE)--Inflation has eased across the Americas, causing construction cost increases to drop below their 5- and 10-year averages, but the sector still faces uncertainties due to new ...
Industry reports point to flat 2026 spending, persistent labor shortages and rising costs, even as tech adoption and targeted ...
Construction costs nationally rose 2.7% in the second quarter of this year as commodities, including lumber and copper, grew more expensive, according to a national cost index. Costs rose 5.4% ...
Engineering and construction costs increased again in April, according to the Engineering and Construction Cost Indicator from PEG and S&P Global Market Intelligence. The headline Engineering and ...
In the post-COVID world of construction, industry analysts and participants have focused considerable attention on material price escalation concerns and impacts caused by raw material shortages, ...
Construction activity is beginning to steady in many parts of the world, with costs not rising as fast as in recent years.
When it comes to operational constraints, rising materials costs and supply chain volatility (22%) are the top-ranking ...
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Rising labor costs are quietly reshaping what it takes to keep a home in working order, from a simple faucet fix to a full ...
It costs $534 to build a single square foot of commercial space in New York City, the most expensive place on the planet for new construction, according to Turner & Townsend. The cost of construction ...