Articles Tagged with ''cost report''

Data center construction continues to rise, accounting for a large amount of work in the past year.

ENR’s Construction Industry Confidence Index rose four points between Q3 and Q4, to a slightly optimistic 52 rating. The economic index also rose four points, to a 48 rating.

The question of how import tariffs could affect heavy equipment pricing has hung above the industry this entire summer construction season, but prices have held steady, or even dropped.

Although inflation has eased since the pandemic, union and open shop craftworkers continue to garner historically high wage increases.

Construction industry executives report little change in sentiment between Q2 and Q3. ENR’s Confidence Index rose one point to a still slightly pessimistic 48 rating this quarter.

As uncertainty continues to plague the economy as a whole, industry experts note the effects on construction trends as materials prices, labor woes and other concerns cause turmoil.

The hot pace of construction staff compensation is cooling. Following years of historically high salary increases, employers are reigning in pay for construction staff.

The first few months of this year saw some uncertainty in equipment pricing, but even with the unclear tariff situation the used equipment market has seen prices stabilizing, according to the latest data from industry analyst firm EquipmentWatch.

President Donald Trump's June 13 executive order cleared the $14.9B acquisition of U.S. Steel Corp. by Tokyo-based Nippon Steel.

ENR’s Construction Industry Confidence Index fell 14 points between Q1 and Q2, to a rating of 47. That marks the third largest drop in the history of the index.