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........................... +1.6%
Annual Inflation Rate,
JANUARY 2025

1913=100

Building Cost

INDEX VALUE

8407.47

MONTH

0.0%

YEAR

+1.60%

Skilled Labor

Wage $/Hour

11869.97

65.88

+0.5%

+1.9%

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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