Wednesday, January 7, 2015

Fourth Quarter 2014 Turner Building Cost Index: High Level of Construction Activity in Urban Areas Drives Increase in Construction Costs



Fourth Quarter 2014 Turner Building Cost Index – which measures costs in the non-residential building construction market in the United States – has increased to a value of 917. This reflects a 0.99% increase from the Third Quarter 2014 and a 4.45% increase from the Fourth Quarter 2013.


Quarter
Index
  % Change
4th Quarter 2014
917
0.99
3rd Quarter 2014
908
1.34
2nd Quarter 2014 
896
1.24
1st Quarter 2014
885
0.80

Base year: 1967, index 100

Source: T






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