ENR Construction Cost Index
MAR 2017 vs. MAR 2016
Total Construction Costs: +3.9%
Building Cost Index: +3.0%
Material Cost Index: +0.6%
Skilled Labor Costs: +1.8%
Common Labor Costs: +3.3%
Quick Analysis:
Inflation in construction costs continues to be driven by increases in labor costs. Common labor costs are up 3.3% versus the prior year and skilled labor costs are up 1.8%.
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