New Quarterly Cost Report Charts Construction Trends

  • Posted on

International property and construction consultancy firm 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 from mid-Q4 2023, the latest RLB quarterly cost report shows the national average increase in construction costs was 1.32% over the previous quarter, with Boston, Chicago, Honolulu, Portland, Seattle and Washington, D.C. experiencing increases over the national average this quarter. Denver, Las Vegas, Los Angeles, New York, Phoenix and San Francisco experienced gains that were less than the national average. Quarterly Cost Report highlights The U.S. quarterly national average … Read more

Filed under: Economic NewsTagged with: ,

New Crane Index, Quarterly Cost Report Charts Construction Trends in North America

  • Posted on

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

Filed under: Economic NewsTagged with: , ,

New Quarterly Cost Report Available from Rider Levett Bucknall

  • Posted on

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

Filed under: Economic NewsTagged with: ,

Rider Levett Bucknall Releases Quarterly Cost Report for North America, Puts Construction Trends in Perspective

  • Posted on

International property and construction consultancy firm Rider Levett Bucknall has released its new quarterly cost report for North America. With data up to date to July 1 and featuring construction cost information for 14 U.S. and Canadian markets, the QCR provides a statistical view of the state of the construction industry, detailing indicative construction costs for eight building sectors. Upon publication of the QCR, Julian Anderson, FRICS, president of RLB North America, said, “While we expect that construction will face a downturn in the next year, this doesn’t necessarily mean that the construction industry is in trouble; it does mean … Read more

Filed under: Economic NewsTagged with: , , , ,

Rider Levett Bucknall Releases Q3 USA Construction Report

  • Posted on

PHOENIX, Ariz. – In its latest quarterly survey of U.S. construction costs, international property and construction cost-consultant firm Rider Levett Bucknall reports that construction spending in the United States is on track to increase approximately 6 percent in 2016. Overall, the national average increase in construction costs for the quarter was approximately 1.5 percent. While spending is falling short of the robust 20 percent growth seen by select segments of the industry in 2015, the outlook for the construction field is reasonably favorable, notes the report. Continued low interest rates, rising consumer confidence and healthy job growth also contribute to … Read more

Filed under: Economic News, eNewsTagged with: , ,