Over the last six months, the deepening recession its accompanying credit crisis have dramatically changed the construction industry’s cost picture. Construction inflation has gone from the double-digit realm just last summer to between 2% and 6% this quarter. Ten of the 14 major industry cost indexes collected by ENR for this report posted declines during the first quarter, ranging from 0.5% to 8.4%. Slide Show Photo: Michael Moore Related Links: Renegotiations Make Bad Times Worse Labor Deals with Uncertainties Finding Cost Data on the Internet What Drives ENR’s Cost Indexes How To Use ENR’s Cost Indexes View Complete Report with
Arch dams, classically curved monoliths situated in narrow valleys, are not as common as other types of dams, such as embankment dams and gravity dams. ENR takes a look at some of the biggest arch dams in the world, both completed and under construction.