Construction Costs Rising Less Steeply, but Pressure Remains (By Ron Gallagher)

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Data-analyst company IHS says that there will likely be local increases in concrete prices, especially on the Gulf Coast, as the industry tried to catch up with demand in the recovery. The overall IHS measure of construction costs,  called the IHS PEG Engineering and Construction Cost Index (ECCI), was at 53.0 this month, down from July but still showing rising costs. The materials and equipment part of the index stood at 53.5—down four points from July—but again, still rising.

From: www.constructiondive.com

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
1211 N Franklin St
Tampa, FL 33602

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