Articles Tagged with ''construction costs''

Cpnstruction disruptions now are seen, including component shipments to North America, delays on China Belt and Road megaproject, halted industry travel in Europe and respirator mask shortages.

In 1997, after a 30-year career as a practicing architect, I felt the need for industry change.

Construction cost data provider Gordian has launched a big-data-driven service designed to predict construction project cost changes up to three years into the future.

With image recognition, Big Data analysis and artificial intelligence coming to define construction, outdated and inefficient contracting and project management practices won’t cut it to build critical infrastructure projects at the scale and speed needed now.

When President Trump said on March 1 that he would impose tariffs of 25% on foreign steel and 10% on aluminum, it immediately put construction estimators and executives, and the suppliers they rely on, into a holding pattern.

An inflationary sleeper is starting to head higher.