Construction Inflation 2023 « Construction Analytics
Construction Inflation PPI Final Demand updated 4-15-23 See Table Usually construction budgets are prepared from known “current” costs. If a … Read more
Construction Inflation PPI Final Demand updated 4-15-23 See Table Usually construction budgets are prepared from known “current” costs. If a … Read more
Only once in 25 years have heavy engineering construction jobs increased more than 5% in one year (7.5% in 2018, … Read more
Two plots track how construction forecast matches up to actual spending. The light line is the monthly growth predicted by … Read more
Construction spending for 2022 in the 2-1-23 release is $520 billion, up 11.6% Construction Starts (per Dodge) up ~38% in … Read more
2-1-23 Initial Year end construction spending for 2022 is out today. This is when I compare my forecast for 2022 … Read more
2-2-23 Total construction spending in 2023 will increase only 4.2% over 2022. Nonresidential Buildings will lead construction spending in 2023 … Read more