Construction Costs Rising as Economy Improves

Minneapolis construction company M.A. Mortenson Co. advising customers to budget 5% to 6% increases in construction costs on an annual basis

The Wall Street Journal

Minneapolis-based M.A. Mortenson Co. recently compiled a construction costs index that showed costs have been rising as the economy has improved. While costs aren't rising as fast as they were in 2006 and 2007, the company says we could be at those numbers by the end of 2015.

(more on the rise in construction costs...)

 

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