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Construction Costs

Construction Materials Prices Surge Again in May With Largest Monthly Increase in a Decade, Says ABC

by Associated Builder and Contractors on June 13, 2018

Prices for inputs to construction materials expanded 2.2 percent in May and are 8.8 percent higher than at the same time one year ago, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data released today. This represents the largest monthly increase in 10 years (since May 2008). Nonresidential…

Topics: Business, Contracting
Construction Costs, Construction materials

‘101 Ways to Build Smarter’ eBook, Featuring Ideas from Skender, Corporate Real Estate Executives and Developers to Offset Rapidly Escalating Construction Prices

by Skender on June 6, 2018

Construction costs have been consistently rising just when the industry can least afford it. Today, a new report from Skender offers “101 Ways to Build Smarter.” The 18-page eBook, available for download at www.skender.com/buildsmarter/, is a resource filled with quality-enhancing and value-optimizing possibilities for building owners, developers, architects, brokers, contractors, corporate real estate and workplace…

Topics: Commercial, Office Buildings
Construction Costs, corporate real estate

Construction Costs Climb, Tariffs Could Threaten Projects

by Associated General Contractors on April 10, 2018

Construction costs climbed again in March, with increases for a wide range of building materials, including many that are subject to proposed tariffs that could drive prices still higher and cause scarcities, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials warned that tariffs on…

Topics: Business, Contracting
Construction Costs, Tariffs

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