Trade policy will “continue to put upward pressure on certain materials” this year, said Anirban Basu, chief economist for ...

The producer price index for materials and services used in nonresidential construction rose 0.4% in November and 3.6% over 12 months — the largest year-over-year increase since January 2023, ...

Copper and electrical components posted the sharpest gains to end the year, according to consulting firm Gordian, but steel ...

Construction material prices rose 2.6% year-over-year in July. Steel, aluminum, and copper prices surged due to new tariffs. Long Island firms report canceled projects and tighter margins. Though the ...

U.S. construction costs notched higher in February, and a leading industry group is warning that the price hikes are likely to continue. “Nonresidential input prices increased at a rapid pace in ...

Costs include everything except land, and interest rates reflect adjustable pricing for above-average borrowers. Chart 1 ...

OKLAHOMA CITY — Since President Donald Trump took office again in January, costs for imported steel, lumber and more have fluctuated wildly as tariffs have been implemented, raised or reduced over the ...

Buying a house used to be a rite of passage for middle-class Americans, but in recent decades, would-be homeowners have found themselves priced out of the market. The affordability crisis has become ...

The head of the world's largest developer of industrial space is warning that construction is about to get much more expensive. “Construction costs are going to go up radically,” Moghadam said ...