UP-TO-DATE COST TO CONSTRUCT

BUILDING A CUSTOM HANGAR

Building at the right moment ensures maximum investment value. Centrex monitors market trends and provides expert insights to navigate construction complexities.

COST INDEXES

Building Cost Index........................... +2.0%
Annual Inflation Rate,
SEPTEMBER 2024

1913=100

Building Cost

Skilled Labor

Wage $/Hour

INDEX VALUE

8404.89

11805.47

65.52

MONTH

+0.3%

+0.5%

YEAR

+2.0%

+1.5%

1 YEAR STEEL MARKET

1 YEAR CONCRETE MARKET

MATERIAL FORECASTS

5 YEAR INDUSTRY TREND

Sources: Building Cost Index and Cement, ENR Construction Economics Report. One Year Steel Market Data, Trading Economics.
One Year Concrete, FRED Economic Data, Prodcer Price Index by Industry: Concrete Contractors, Nonresidential Building Work.
Structural Steel, and Softwood Lumber Material Forecasts, S&P Global Market Intelligence. Five Year Industry Trend, FRED Economic Data, Producer Price Index by Industry: New Warehouse Building Construction

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