Data drives everything and helps us make informed decisions on a day-to-day basis. But different factors can alter our data. Construction cost data is no exception, given how it is affected by multiple socioeconomic factors. That’s why accessing the most up-to-date construction cost data is crucial to creating accurate budgets and detailed estimates. Labor, material and equipment costs change over time and across geographies, impacting the data. New technologies need to be taken into account, as they create new processes, further modifying the data.
This informative webinar below dives into the detail behind changes in construction costs from 2016 to 2017 captured by our engineers through thorough research and reflected in the RSMeans cost database.