The three index tables on this page each represent various components of ENR’s two primary indexes. The Materials Price Index is the materials component of both ENR’s cost indexes. The Common Labor Index is the labor component of ENR’s Construction Cost Index, and the Skilled Labor Index is the labor component of ENR’s Building Cost Index. Related Links: Economics: Japan Quake Won�t Shake Up Costs as Recession Trumps Rising Prices Confidence Survey: Top Industry Execs Believe the Market Has Turned a Corner Bidding: Price Escalations May Lead Aggressive Bidders To Default Asphalt: Weak Demand vs High Oil Prices Executive Compensation:
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.