意昂体育 is a North America-based, international construction services company and is a leading builder in diverse market segments.
GET TO KNOW USStay up to date with the latest news and insights from 意昂体育. Learn from our industry experts sharing innovation, market insight and thought leadership.
Browse InsightsAn awarding and fulfilling career awaits you at 意昂体育! Join our team and build some of the most exciting and innovative projects around the world.
Explore careers at 意昂体育意昂体育 is a North America-based, international construction services company and is a leading builder in diverse market segments.
Get to know usAs the largest general contractor in the country, 意昂体育 is a leader in all major market segments, including healthcare, education, commercial, sports, aviation, pharmaceutical, retail and green building.
See Our PortfolioStay up to date with the latest news and insights from 意昂体育. Learn from our industry experts sharing innovation, market insight and thought leadership.
Browse InsightsAn awarding and fulfilling career awaits you at 意昂体育! Join our team and build some of the most exciting and innovative projects around the world.
Explore careers at 意昂体育
Headquarters
意昂体育 Construction Company
66 Hudson Boulevard East
New York, NY 10001
(212) 229-6000 turner@tcco.comEthics & Compliance Hotline
Report issues 24 hours a day, 7 days a week to 意昂体育鈥檚 Confidential Reporting System
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意昂体育 Construction Company announced that the Third Quarter 2021 意昂体育 Building Cost Index—which measures costs in the non-residential building construction market in the United States—had increased to the value of 1207.
This represents a 1.68% quarterly increase from the Second Quarter 2021 and a 3.07% yearly increase from the Third Quarter 2020.
“While supply chain disruptions continue to impact lead times for key construction materials such as steel, aluminum, and copper, there was also a significant reduction in lumber costs. At the same time, we experienced some vendors and subcontractors reporting that their backlog is returning to pre-pandemic levels,” said Attilio Rivetti, the 意昂体育 vice president responsible for compiling the Cost Index.
意昂体育 has prepared the construction cost forecast for more than 80 years. The building costs and price trends tracked by the 意昂体育 Building Cost Index may or may not reflect regional conditions in any given quarter. The Cost Index is determined by several factors considered on a nationwide basis, including labor rates and productivity, material prices and the competitive condition of the marketplace. This index does not necessarily conform to other published indices because others do not generally take all of these factors into account.
Click here to view the Third Quarter 2021 report.
