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 ...
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% ...
In the residential sector, the index climbed by 1.1%, supported by a 1.7% jump in labor costs and a 1.3% rise in equipment and machinery rental costs. In the non-residential sector, the index also ...
The forecasting of construction costs and the analysis of price indices are essential components in the planning and management of construction projects worldwide. As construction projects are ...