Construction Costs Climb While Crane Numbers Decline, Signaling Industry Shift
Construction costs have risen by 1.29% compared to the fourth quarter of last year and are 5.85% higher than the same time last year, according to construction advisory firm Rider Levett Bucknall's (RLB) quarterly Construction Cost Report. Meanwhile, the number of cranes in operation across the nation has decreased by 9% between the third and fourth quarters, suggesting a potential slowdown or shift in construction activity. This combination of increased costs and reduced crane use indicates fac
Source: yahoo.com