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

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

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% ...

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 ...

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 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 ...

Artificial intelligence (AI) is revolutionising the construction industry by offering robust methodologies for cost estimation that enhance accuracy, efficiency and transparency in project planning.

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 ...

If you're in the market for a new home, you might wonder about the factors contributing to the home's total cost. The National Association of Home Builders recently published a Cost of Construction ...

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 ...