Tag: Rise
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Construction materials costs rise for third month on tariff pressures
Dive Brief: Construction input prices increased 0.5% in March, while nonresidential input prices climbed 0.6%, both unusually steep jumps, according to an analysis by Associated Builders and Contractors of U.S. Bureau of Labor Statistics data. Both overall and nonresidential input prices are now 0.8% higher than a year ago and sit more than 40% higher…
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‘Plan early’ — homebuilders warned building costs are set to rise 12% by 2030
Homebuilders and renovators face a challenging landscape as building costs are set to rise by 12% over the next five years, according to the latest forecast from the Building Cost Information Service (BCIS). With tender prices also expected to increase by 15% and new work output predicted to grow by 19%, those looking to build…
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How the rise of women’s sports is transforming the landscape of athletic facilities
The rising popularity of women’s sports is changing the game of sports facilities. With recent sold-out stadiums and record ratings, the numbers speak for themselves: demand is rising, and so is the need for facilities that support the level of competition and growing fandom associated with women’s sports. Women playing sports at an elite level…
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AI project failure rates are on the rise: report
Dive Brief: More enterprises reported AI project failures this year compared to 2024, according to analysis from S&P Global Market Intelligence. The findings are based on a survey of more than 1,000 respondents in North America and Europe. The share of companies abandoning most of their AI initiatives jumped to 42%, up from 17% last…
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Gordian Data Shows Modest Rise in Construction Costs for 2025
Gordian, provider of data-driven solutions for all phases of the building lifecycle, reported that construction costs continued to increase slightly faster than inflation heading into 2025, with labor wages rising by an average of 4.1% over the past year. This analysis is based on today’s release of 2025 RSMeans Data. While construction materials, equipment and…
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Martin Lewis predicts energy prices will rise by £100 in April
Money-saving expert Martin Lewis has warned that energy bills are set to rise again in April, with the energy price cap expected to increase by up to £100. As millions of households brace for higher costs, Lewis has criticised the current energy pricing system, calling it “broken” and urging the government to introduce a social…
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Why the cost of getting solar panels for your home is about to rise
The cost of solar panels in the UK could be set to rise following a major policy change by the Chinese government. China has reduced export tax rebates for key solar panels and key solar components, including photovoltaic (PV) cells, solar glass and solar ribbons, from 13% to 9%, which could be removed entirely later…
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Construction spending slips as costs rise ahead of tariffs
Dive Brief: Nonresidential construction spending ticked down 0.2% in December to a seasonally adjusted annual rate of $1.24 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released Monday. Spending declined in nine of the 16 nonresidential subcategories on a monthly basis. Public nonresidential spending fell 0.5%, while private nonresidential…
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Electric MEWPs on the Rise
While mobile elevated work platforms (MEWPs) come in many forms, today’s electric scissor lift equipment offerings are changing the game. “In the past, MEWPs were powered by the biggest, most powerful internal combustion (IC) engines an individual equipment model could support,” pointed out Bob Begley, director of product management, scissor lifts, JLG. Begley noted contractors…
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The Rise of Health and Well-Being within Real Estate
William Stewart’s WDBE 2024 keynote in Tallinn was titled “The Rise of Health and Well-Being within Real Estate and Its Implementation within Business Models.” William is a Health and Well-being Advisor at Ekkist, the UK’s first health and well-being consultancy for the built environment. He advises developers on prioritizing health and well-being in their buildings’…