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Over the past year, consultant Currie & Brown’s global construction cost experts have reported consistent market trends and headwinds. Common experiences in all regions were post-pandemic recovery and historic hikes in materials prices.

The fate of federal spending legislation, dubbed the Build Back Better Act, is in doubt after Sen. Joe Manchin (D-W.Va.) publicly announced his opposition on Dec. 19, but President Joe Biden believes it will pass.

The long awaited Infrastructure Investment and Jobs Act has been passed, but construction market confidence has continued to dip among industry executives.

As 2021 closes, the construction industry continues to cope with cost challenges related to labor, materials shortages and inflation.

With more than $1 billion in development, the decommissioned Fort Devens base has become one of the top hotspots for construction in the state, including an estimated $500M facility for a revolutionary MIT-launched nuclear fusion startup .

Funds go to reimburse 42 states for storms, wildfires and other disasters.

British architect's career lasted almost 60 years.