Commercial Construction Costs 2024 increased 0.1% for the month of November 2024, while overall construction input prices are 0.5% higher than a year ago, and nonresidential construction input prices are 0.3% higher. Prices decreased crude petroleum prices were down 3.3%, while unprocessed energy materials prices were down 2.0%., while natural gas prices were up 2.6% in November.
Commercial Construction Costs 2024
Objective, Current, and Local Market Granular Labor, Material, Equipment Commercial Construction Cost Data is exclusively available form Four BT, LLC in expanded CSI MasterFormat. All data is updated quarterly without the use of location or economic factors.
Owner and design-builders gain 30%-40%+ in cost visibility and cost management capability, reducing both risk and overall construction costs.
Learn how to better manage Commercial Construction Costs 2024 and beyond.
FM productivity constraints remain a barrier for most public sector areas.
FM productivity constraints remain a barrier for most public sector organizations, presenting barriers to efficient sustainment & new builds.
To address rising sustainment (repair, renovation, maintenance) and new build costs, robust, integrated Planning, Procurement, and Project Deliver Frameworks are increasing needed to maximize resource utilization.