Milwaukee construction costs increase 1.1% in Q1, outpacing the national average
Mortenson index reports labor shortages persist as Milwaukee construction employment sees 2% growth.
Headwinds remain in Mortenson’s last Milwaukee construction cost index
Mortenson's cost index report said increases over the last two years were slowing, but cautioned customers to be resilient in the start of 2023.
Construction economists find some materials costs, input prices dropping
Several construction materials costs and input prices fell for the first time in the last few weeks.
Construction costs up by 0.8 percent nationwide in 3rd quarter: Mortenson index
Construction prices in Milwaukee have stayed the same as nationwide prices increased in the third quarter, Mortenson data showed.
Construction materials prices buck yearlong trend, fall 1.8 percent in November
Construction materials prices fell in November after marching upward for much of 2018, signaling a reprieve in rapid price increases in the months to come, according to an analysis by a trade group.
Materials prices rise once again in September
The average price of commonly used construction materials rose by 0.3 percent in September and was 7.4 percent higher than it was the same month a year ago.
AGC: Higher labor costs, materials prices showing up in bids
Long-rising materials prices and a labor shortage are pushing up the price tag for nonresidental buildings, according to an analysis by the Associated General Contractors of Wisconsin.
Input prices up 6.2 percent year-over-year in August
The prices of various construction materials increased by 6.2 percent between August 2017 and August this year.
Construction costs hold steady in July, but economists warn increases could easily come back
July brought a break in a year marked by fast-rising construction-materials prices, but economists warned trade disputes could cause costs to begin rising quickly again.
Trades officials warn of higher materials costs with latest round of tariffs
President Donald Trump's new tariffs on steel and aluminum imports are expected to drive the cost of new construction higher, stirring fears that price increases could dampen what's nonetheless expected to be a busy building season.
Report: Milwaukee market construction costs rising at same pace as national level
Milwaukee's construction costs have risen at about the same pace as nationally, according to a new report from Mortenson Construction.
AGC warns of protectionism’s effect on materials costs
A national construction group is warning that the Trump Administration’s support for “Buy American” provisions, higher tariffs and import restrictions will only strengthen the forces now pushing up the cost of construction materials.
Today’s News
- Milwaukee Mayor’s $1.9B budget proposal has infrastructure boost
- As employers face labor shortages, Biden administration rolls out playbook for training workers
- Wisconsin Senate committee votes against confirmation for four DNR policy board appointees
- October proclaimed Architecture Awareness Month in Wisconsin
- Pre-Bid Meetings – Week of October 2, 2023
- Corn mill owners plead to federal charges in fatal explosion, will pay $11.25 million
- BUILDING BLOCKS: Second phase of Lower Yahara River Trail construction
- Sky-high mortgage rates leave homes unaffordable for more buyers, sending new home sales tumbling
- Forecast: Economic challenges ahead as rates rise and labor shortages remain
- CBRE opens office on 18th floor of Milwaukee BMO Tower
- Former inmate able to rebuild life through work in construction trades
- Zignego to lead $60M I-894 improvement project
Project Profiles
- First prefabricated bridge in US installed in Eau Claire County
- Illinois developer worked with Wisconsin contractor to build 258-unit Wauwatosa apartment complex
- VJS Construction raises the roof for Bruce Guadalupe Community School expansion project
- Microgrid pilot project will store energy for village affected by outages
- Dane County sees uptick in highway work zone crashes, on track to exceed last year
- The Hop streetcar will debut newest service route in fall with limited service
- FPC Live slims venue proposal to 1 downtown building
- Children’s Hospital urgent care center in Milwaukee gets first round of city approval
- With Sonag Construction shut down, feds move to block indicted owner from collecting leftover assets
- Four contractors selected to build border wall prototypes
- UW-Milwaukee’s Greenstreet shaping minds (and the city)
- Turning the Corner(s) (PHOTO SLIDESHOW)