Choose Your Region Executive Summary What a difference 3 months makes!!! The world economy & construction sector is in its most unstable place since the Great Depression of the 1930’s. International growth has been slowing down for the past 18 months, COVID-19 has slammed on the brakes of future growth for at least the … Read more
What a difference a month makes!!! The Coronavirus Pandemic has forced the world economies in more than 150 countries into a total lockdown situation. Construction, airlines, restaurants, hotels, international tourism & the cruise industry have just about ceased activities or are operating on a restricted basis. Thousands of people have been laid off or are … Read more
The escalating consequences resulting from the Coronavirus Pandemic will drive the US & World economies into an unmatched contraction that could cause serious economic disruption & possible job loss that hasn’t been seen in the last 50 years. Approximately, just under 10 million US construction professionals & workers are employed in the US construction & … Read more
Every day we hear news of major companies building new Logistics / Distribution Center in the USA & around the world. We are frequently asked this question by Owners, Developers, Architects & Engineers, Estimators, Quantity Surveyors & Construction Professionals around the world. To answer this question we have researched & collected “current day” costs from … Read more
Choose Your Region Executive Summary: The Iranian General succeeding General Soleiman who was killed in early January by a US drone, has avowed retaliation on the US and its allies. President Trump is promising a fast and disproportionate response to any Iranian strikes. This latest development may well impact economic trade in the Middle … Read more
Detailed below are the most expensive cities to construct a building or complete an infrastructure-related project based on our latest (6) month’s international construction cost survey & research effort. We have used Boston, MA, USA as the benchmark city. What we have witnessed in 2019 that will continue in 2020 are as follows Download … Read more
The following is our latest forecast of construction inflation & construction productivity related to the following countries. Note: Construction productivity is based on historical benchmark data from a number of new Industrial / Manufacturing Facilities. The construction productivity is expressed & based on skilled & unskilled construction hours for work performed in the USA on … Read more
Click on a country / region to view the local construction news The global construction industry will continue to experience steady growth rates in 2020 issues surrounding a possible military action in the Middle-East and the final chapter of the Brexit situation, which are not expected to have a major impact on future construction … Read more
Improving construction productivity can result in significant construction cost savings and result in earlier delivery of construction projects. There are numerous issues that impact construction labor performance and the related added cost of extended field in-directs. This article touches on some of the main issues that negatively impact Construction Labor Productivity. If these issues can … Read more
Did you miss part one? Read it here » Home I wrote an article back in March on the top 20 reasons why so many construction projects overrun their budgets. This is Part 2 on how to alleviate or minimize these issues. Large & mid-sized CAPEX & Infrastructure construction projects are many times intricate & … Read more
