The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

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 ...

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 ...

In the post-COVID world of construction, industry analysts and participants have focused considerable attention on material price escalation concerns and impacts caused by raw material shortages, ...

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 ...

Chris Coleman is partner-in-charge of St. Louis-based accounting firm RubinBrown’s Construction Services Group. Opinions are the author’s own. In an already tight construction labor market, raids by U ...

It costs $534 to build a single square foot of commercial space in New York City, the most expensive place on the planet for new construction, according to Turner & Townsend. The cost of construction ...

The construction industry is poised for a $4.2 trillion expansion over the next 15 years. But there’s a catch: a growing skills gap, with job vacancies already up 41% year-over-year, and looming ...

Following months of speculation, the Federal Reserve cut interest rates in September by half a percentage point, and a boost in new construction is expected as soon as the start of next year, ...

U.S. single-family homebuilding rebounded sharply in February, buoyed by a thaw in winter weather that helped reverse January’s declines. However, rising construction costs fueled by tariffs and ...

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 ...

Federal Reserve Bank of Minneapolis survey found 54% of construction companies reported lower activity than a year ago. Labor shortages remain a top challenge, with firms struggling to find workers ...