Construction Cost Increases Moderated in Latest Quarter
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Construction cost changes, year over year and quarter to quarter, for 50-plus major cities in the United States are set out in the accompanying table and charts. This information is based on the latest Construction Cost Index material available from RSMeans. The lead story is that costs moderated from the second quarter to the third quarter − specifically from July 1st to October 1st − of this year, after rising fairly dramatically between the first and second quarters.