Rider Levett Bucknall has released its latest Crane Index and Quarterly Cost Report, providing an eye-opening perspective on the North American construction industry in 14 key markets. The latest report, with data current to mid-third quarter of 2024, shows the national average increase in construction costs was 1.07%, the lowest it’s been in the last three years. Boston, Massachusetts; Denver, Colorado; Honolulu, Hawaii; New York, New York; Seattle, Washington and Washington, D.C. all experienced increases over the national average this quarter. Chicago, Illinois; Las Vegas, Nevada; Los Angeles, California; Phoenix, Arizona; Portland, Oregon and San Francisco, California experienced gains that … Read more