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Materials, Labor Woes Persist In Fourth Quarter.

Authors :
Zevin, Alisa
Source :
ENR: Engineering News-Record. 12/20/2021, Vol. 287 Issue 13, p44-45. 2p. 4 Color Photographs, 1 Chart, 1 Graph.
Publication Year :
2021

Abstract

The article discusses that the construction industry continues to cope with cost challenges related to labor, materials shortages and inflation. It mentions that the average cost increase in 2020 through 2021 was 4.73%, says Julian Anderson, president of industry cost consultant Rider Levett Bucknall, adding that bid construction costs have risen 7.42%.

Details

Language :
English
ISSN :
08919526
Volume :
287
Issue :
13
Database :
Academic Search Index
Journal :
ENR: Engineering News-Record
Publication Type :
Periodical
Accession number :
154288204