Top 10 metros for construction starts

Even when adjusted for inflation, commercial and multifamily starts were robust in 2022 as projects moved back toward urban cores, according to a new report.

How to survive and overcome inflation and rising construction costs

Is your profit margin shrinking due to rising construction costs? Learn seven strategies to minimise the negative impacts of construction inflation. The post How to survive and overcome inflation and rising construction costs appeared first on LetsBuild.

Construction industry reacts: Bank of England raise interest rate to 4% amid inflationary pressures

The Bank of England has announced today (2 February) that interest rates have raised by 0.5 percentage points to 4%, signalling a 14-year high and peak inflation across the United Kingdom. The post Construction industry reacts: Bank of England raise interest rate to 4% amid inflationary pressures appeared first on Planning, BIM & Construction Today.

New House Energy Panel Chair Pushes Fossil Fuel, Nuclear Power

Republican Rep. Cathy McMorris Rodgers favors fewer tax breaks for renewable energy than now included in the 2022 Inflation Reduction Act..

Turner & Townsend forecasts 3.5% tender price inflation for this year

Construction cost consultant Turner & Townsend predicts that tender prices will keep rising despite the threat of recession in the industry.

G&T - Tender Price Forecast for 1st Quarter 2023

G&T's Tender Price Inflation report looks at the movement of prices in tenders for construction contracts in the UK. The report examines a number of contributing factors and is further informed by their market survey responses and contractor consultations. This forward forecast illustrates their view of annual tender price inflation from January to December 2023 and beyond.

FMI Corporation - 2023 Engineering and Construction Overview: First Quarter

FMI Partner Jay Bowman discusses their 2023 Engineering and Construction industry overview for the first quarter. In this quarter's report, he recaps the expectations for the full year 2022, and some of their sector-specific forecasts, and where they expect to see growth and contraction in 2023 Watch the video for Jay's recap and download the full report: https://fmicorp.com/insights/construc...

CBRE Market Outlook 2023 Report - UK Real Estate

CBRE's UK market outlook report for 2023 looks at key market sectors and the overall economy, and provides some key take-aways for consideration

CN - Construction output at highest since records began 12122022

The latest Office for National Statistics (ONS) data confirms that the GB construction output has risen for four months in a row. Output in the sector rose by 0.8% in October with £15.2bn of activity; the highest level since records began in January 2010

Arcadis - Market View Winter - December 2022

Arcadis provide their quarterly forecast update on the UK construction market

Everyone has been talking about how to manage cost inflation but looking ahead, might insolvencies become the latest top risk to your business?

How is inflation being dealt with in Compensation Events on NEC contracts? Has anyone experience of this so far?

What should contractors and clients be doing now to plan ahead for an onslaught of price escalation?