Construction Cost Insights Report: Q2 2024

Produced in partnership with Building Design+Construction, the Construction Cost Insights Report uses Gordian’s RSMeans Data™ construction costs and internal expertise, along with perspectives from A/E/C industry leaders to evaluate prices of the industry’s most prominent materials.

The Q2 2024 report discusses the material cost trends, supply-side concerns and labor market dynamics threatening the industry’s recent stability. Additionally, it covers recent innovations aimed at enhancing environmental sustainability and provides an overview of cost trends in major North American cities from RSMeans Data’s City Cost Index.

Download this comprehensive report to find:

• Long-term cost trends for steel, lumber, copper and more of construction’s most commonly used materials
• An in-depth explanation of the new prevailing wage calculation and what it means for the construction industry
• What executives and industry leaders say about the impacts of supply chain constraints, geopolitical events and macroeconomic factors on material and equipment costs
• Actionable takeaways for staying ahead of uncertainty