BUILDING AVIATION FACILITIES
Q1 2026: COST TO CONSTRUCT DATA

Construction costs have stabilized but continue to rise on a normal escalation curve — roughly 4% annually — now driven primarily by labor as material pricing normalizes.

For aviation operators, this shifts the strategy. Engaging early to align scope, validate pricing, and protect contingency is how you stay ahead before increases compound.

Global uncertainty—including conflict in the Middle East—adds ongoing risk to energy prices, materials, and supply chains, making contingency planning more critical than ever.

Projects that engage early are better positioned to lock in pricing, reduce exposure, and control cost and schedule.

Q1 2026 Cost to Construct-1

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Sources: Building Cost Index and Cement, ENR Construction Economics Report. One Year Steel Market Data, Trading Economics. One Year Concrete, FRED Economic Data, Producer 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