Rider Levett Bucknall has released its latest Quarterly Cost Report, providing a perspective on the North American construction industry in 14 key markets. With data current to mid-Q2 2023, the latest RLB quarterly cost report shows that the national average increase in construction costs was 1.56% over the previous quarter, with Chicago, Denver, Las Vegas and San Francisco experiencing increases over the national average this quarter. Boston, Honolulu, Los Angeles, Portland, Seattle and Washington, D.C. experienced gains were less than the national average. Quarterly Cost Report notes: The U.S. quarterly national average increase in construction cost is approximately 1.56%, compared to 7.22% year-over-year The construction … Read more