The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...
Editor’s note: This article, distributed by The Associated Press, was originally published on The Conversation website. The Conversation is an independent and nonprofit source of news, analysis and ...
Discover what labor costs encompass, their categories—direct and indirect—and why they matter in pricing strategies to maintain profitability.
Rising labor costs are quietly reshaping what it takes to keep a home in working order, from a simple faucet fix to a full ...
It costs $534 to build a single square foot of commercial space in New York City, the most expensive place on the planet for new construction, according to Turner & Townsend. The cost of construction ...
Chris Coleman is partner-in-charge of St. Louis-based accounting firm RubinBrown’s Construction Services Group. Opinions are the author’s own. In an already tight construction labor market, raids by U ...
The U.S. construction industry is heading into 2026 with a deepening labor crisis. Here’s how new workforce models, ...
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Construction is a labor-intensive business. Despite tremendous advances in design, coordination, and management technologies, the physical installation of work in the field remains reliant on people.
In the first half of 2024, construction costs stabilized. And through the remainder of this year, total cost growth is projected to be modest, and matched by an overall increase in construction ...
The construction industry is poised for a $4.2 trillion expansion over the next 15 years. But there’s a catch: a growing skills gap, with job vacancies already up 41% year-over-year, and looming ...
The state has invested significant money in projects such as the Albany NanoTech Complex. Construction industry groups have argued that a number of regulatory hurdles have fundamentally driven up the ...