U.S. construction costs notched higher in February, and a leading industry group is warning that the price hikes are likely to continue. “Nonresidential input prices increased at a rapid pace in February and have risen at a far-too-hot 9.0% annualized rate through the first two months of 2025,” Associated Builders and Contractors Chief Economist Anirban Basu said in a statement...
RSK: Not a good time to be planning some new CRE construction...prices for materials are climbimg.
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- - Volume: 25 - WEEK: 12 Date: 3/18/2025 1:06:10 PM -