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26 Nov
20:02

Construction costs in the US continue to rise

Construction costs in the US continued to rise in November, albeit at a slower pace than the prior month, Kallanish learns from IHS Markit. The IHS Markit construction cost index fell to 67.4 points in November, down by 6.8 points from 74.2 points in October. The materials/equipment cost sub-index primarily drove down construction costs, falling by 11.6 points to 65.8 points during the month. In contrast with overall costs, the subcontractor labour index…
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