Rising costs, labor shortages, and tight margins are pressuring construction firms. Financial resilience, forecasting and ...

In the first half of 2024, construction costs stabilized. And through the remainder of this year, total cost growth is projected to be modest, and matched by an overall increase in construction ...

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% ...

Managing costs without compromising on quality is a primary concern for contractors. Effective construction cost management involves strategic planning, accurate estimation and efficient billing ...

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 ...

This blog post was authored by Thad Berkes, Chief Cost Estimator, Design Collaborative. The start of 2025 has introduced increased pricing volatility and reduced predictability due to changing tariffs ...

Construction material prices rose 2.6% year-over-year in July. Steel, aluminum, and copper prices surged due to new tariffs. Long Island firms report canceled projects and tighter margins. Though the ...

The state has invested significant money in projects such as the Albany NanoTech Complex. Construction industry groups have argued that a number of regulatory hurdles have fundamentally driven up the ...

Cost control can be a great solution if your business is dealing with spiralling costs, cash flow problems and poor financial performance. It’s a process which can increase profits and improve ...

Commercial real estate (CRE) is at a crossroads, where efficiency and tenant expectations are reshaping the market. According to CBRE’s 2024 Office Occupier Sentiment Survey, 80% of corporate ...