Rider Levett Bucknall has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide a perspective on the North American construction industry in 14 key markets. With data current to mid-Q3 2023, the latest RLB quarterly cost report shows that the national average increase in construction costs was 1.55% over the previous quarter, with Chicago, Honolulu, Las Vegas, New York, Portland and Seattle all experiencing increases over the national average this quarter. Boston, Denver, Los Angeles, Phoenix, San Francisco and Washington, D.C. experienced gains that were less than the national average. Crane Index notes Boston and Toronto are the only cities … Read more