Economics - Articles - Page 20 | Engineering News-Record

Construction Economics for July 19, 2021

July 14, 2021

ENR’s 20-city average cost indexes, wages and materials prices. Historical data and details for ENR’s 20 cities can be found at ENR.com/economics

2021 2Q Cost Report: Raises Are Back for Professional Staff But at Conservative Rates

High materials costs and other pressures may curb bonuses, but need for staff could change that

Bruce Buckley

July 1, 2021

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While demand for experienced construction professionals runs high in many sectors, average compensation remains soft following the uncertainty created by the COVID- 19 pandemic.

2021 2Q Cost Report: Industry Execs Believe Recovery Is in Full Swing

Labor and materials challenges remain, but optimism is high.

Jonathan Keller

July 1, 2021

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The first six months of 2021 have seen big materials cost hikes, increasing labor shortages and uncertainty over federal action on a major infrastructure package.

2021 2Q Cost Report: Supply Issues Persist Even as Lumber, Other Prices Stabilize

Jeff Yoders

July 1, 2021

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While price increases in softwood lumber have pushed new home costs higher due to homebuilders’ extensive use of the material, estimators for all other building types have felt the pinch as well.

2021 2Q Cost Report: Residential Sector Continues to Lead Economic Recovery

Alisa Zevin

July 1, 2021

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As the COVID-19 pandemic recedes in the U.S. and restrictions on work and other interactions are lifted, the construction sector’s rebound is underway, with some markets bouncing back faster than others, analysts say.