The International Code Council says the U.S. Energy Department is ignoring the energy cost savings the 2024 building energy code will create, while DOE says the savings take too long to realize.

Barring any unforeseen bearish events in 2026, construction cost inputs are expected to mirror cost escalation in 2025.

The cost of construction materials and labor spiked at the beginning of 2026, spearheaded by rising prices for energy and materials. Construction input prices rose to a 12.6% annualized rate in the ...

One of the major hurdles that we attempt to forecast for our commercial construction projects is escalation. There are many factors that affect escalation in the construction world which include ...

Construction activity is beginning to steady in many parts of the world, with costs not rising as fast as in recent years. Most countries expect escalations to be between 2% and 6% in 2026. This shows ...

Numerous uncertainties are setting the remainder of 2026 to be another challenging year for the U.S. construction industry. The cost of materials, for example, remains under pressure given a supply ...

Mega projects such as a new terminal at Singapore's Changi Airport are contributing to a construction boom in the city-state. But building costs are among the highest in the world, with one ...