Financing solutions provider Billd recently surveyed nearly 900 commercial construction professionals across the U.S. for its 2023 National Subcontractor Market Report. Its key finding: rising input ...
Editor’s note: This is the fourth story in an occasional series on the causes and impact of inflation. There is a dominant driver when it comes to setting car and home insurance rates: the cost of the ...
While materials and labor price hikes continue to create havoc, they don’t seem to be shackling demand or activity for nonresidential construction, according to Skanska’s Summer 2023 Construction ...
The Eno Center for Transportation recently held a webinar that examined how rising construction costs could impact surface ...
Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement. The ENR 20-city average yearly price for steel rose 11.2% by the end ...
Since 2020, CRE construction has witnessed unprecedented materials pricing escalations and excessive lead times, accentuated by rising interest rates, record-high inflation and labor shortages. From ...
"I've had to increase pay for the guys I want to stay by a lot, because the cost of living has gone up so much," said a home builder in ...
Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement. The ENR 20-city average yearly price for steel rose 20.2% by the end ...
Sharply lower costs in all categories but material—which was roughly flat—decreased the price of building land pipelines by nearly $3 million/mile. The decrease in total estimated $/mile land pipeline ...
Editor’s note: This article, distributed by The Associated Press, was originally published on The Conversation website. The Conversation is an independent and nonprofit source of news, analysis and ...