Economic worries caused by COVID-19 continue to affect construction markets

Readers of ENR often ask questions about the magazine’s cost indexes and how to apply them accurately to construction projects. 

Although ENR’s indexes measure the costs of non-residential buildings, the recovery in the housing market is having a major impact on index movement.

Despite several years of recovery, construction inflation is still feeling the impact of the recession that reduced the number of subcontractors and, in turn, still is pushing up bids.