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 ...

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 ...

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, ...

Understanding TCO gives construction fleets the clarity they need to make informed decisions about budgeting and more.

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, ...

An electrician works on power-distribution equipment at a construction site. Copper wire and cable prices rose 7.3% in May and were 24.2% higher than a year earlier, helping drive a sharp increase in ...

As the song goes, New York City is a “concrete jungle where dreams are made of.” But have you looked at the cost of laying concrete jungles in Manhattan lately? A common industry explanation is, well, ...

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 ...

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 ...