The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

CHICAGO--(BUSINESS WIRE)--Inflation has eased across the Americas, causing construction cost increases to drop below their 5- and 10-year averages, but the sector still faces uncertainties due to new ...

Healthcare construction remains strong despite surging costs, with spending in the sector near all-time highs, according to a recent Federal Reserve Bank of St. Louis healthcare construction report.

Across the construction industry, businesses are still reckoning with the negative byproducts of manual expense reporting, encompassing policy and control challenges, coding mistakes, lost receipts, ...

Buying a house used to be a rite of passage for middle-class Americans, but in recent decades, would-be homeowners have found themselves priced out of the market. The affordability crisis has become ...

As construction costs continue to soar, the industry is bracing for even sharper increases in 2025. Tariffs on key materials—iron, steel, and lumber—are expected to drive up construction expenses ...

WSI reports that by 2026, construction faces supply chain disruptions, driving up costs and delaying projects amid tariffs and geopolitical tensions.

Builder’s risk insurance is a cornerstone of effective risk management in the construction industry. It offers protection against a variety of physical and financial risks that can impede the ...

“While we’re seeing the pace of inflation slow on construction costs, there remain serious headwinds and uncertainty about the impact of tariffs and labor shortages on the construction industry,” said ...