Construction starts are once again increasing after a slowdown in the fourth quarter of 2021. But labor shortages continue, and after a brief decline, materials prices are again climbing, caused partially by the war in Ukraine. The first quarterly cost report dives deeper into these trends, alongside an overview of ENR’s cost indexes and methodology, the general economic outlook and the quarterly confidence index, which shows executives are expressing cautious optimism in looking toward the future.
2022 First Quarterly Cost Report
March 28, 2022