Tag: Costs
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Mastering Loan Costs with Smart Borrowing Tools
Curious how much borrowing will really cost before you sign up? Don’t be like most people. Borrowing blindly is a bad move. Almost all loans are offered as monthly repayment plans. The deal is often presented like this: “This loan lets you borrow £50,000. You’ll make 60 monthly payments of £966. That’s just £38.27 per…
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Mastering Loan Costs with Smart Borrowing Tools
Curious how much borrowing will really cost before you sign up? Don’t be like most people. Borrowing blindly is a bad move. Almost all loans are offered as monthly repayment plans. The deal is often presented like this: “This loan lets you borrow £50,000. You’ll make 60 monthly payments of £966. That’s just £38.27 per…
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Higher costs, fewer deals ahead for construction
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Rising costs and slowing deal flow are pressuring contractors’ pipelines, said Anirban Basu, chief economist at Associated Builders and Contractors, during an Oct. 8 webinar on construction’s outlook. Firms active in data center work report…
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Construction employers warned of impending training costs
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A UK-based training and apprenticeship provider has issued an urgent call to employers in the construction and civil engineering sectors as the government prepares to make changes to skills funding. S&A Academy has urged employers to enrol their employees onto Level 7 (masters level) courses before the end of this year, or face significant costs per…
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Construction Input Prices Edge Up in August as Energy Costs Decline
Construction input prices rose 0.2% in August compared to July, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data. Nonresidential construction input prices also increased 0.2% for the month. Year over year, overall construction input prices are 2.3% higher, while nonresidential input prices are up 2.6%. Declines in energy…
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What is daisy chain lighting? Expert reveals how it can cut costs and installation times
If you’re looking for the answer to what daisy chain lighting is, you’ve come to the right place. Here, we examine what it is, how it works, its benefits, and where you can use it. Whether you’re setting up lights in your new kitchen extension, in your garage, or lighting up a patio, it’s a…
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‘There is a limit’: Rising materials costs test construction’s breaking point
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction input prices increased 0.2% in August due to jumps in iron and steel costs, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. The uptick…
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Skanska Report Highlights 2025 Construction Market Trends Amid Tariffs and Rising Material Costs
Skanska has released its Summer 2025 Construction Market Trends Report, offering analysis on the impacts of tariffs, supply chain conditions and material pricing on the U.S. construction industry. According to the report, total construction starts rose 16% in June to a seasonally adjusted annual rate of $1.33 trillion, largely driven by manufacturing and data center…
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Why Construction Procurement Automation Is Key to Cutting Costs and Delays
The construction industry has consistently demonstrated remarkable adaptability through cyclical changes, and today’s market conditions present new opportunities for innovation and growth. While sweeping tariff implications, supply chain disruptions, inflation pressures and persistent labor shortages create complex challenges, these forces drive unprecedented innovation across the industry. The global Engineering, Procurement, and Construction (EPC) market, which…
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Construction Input Prices Rise 0.4% in July, Nonresidential Costs Follow Suit
Construction input prices in the U.S. rose 0.4% in July from the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices also increased 0.4% for the month. Over the past year, overall construction input prices are up 2.2%, while nonresidential…