Tag: slows
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Construction Cost Inflation Slows in Q2 2025, RLB Report Shows
Construction cost inflation continues to cool, according to the Q2 2025 Quarterly Construction Cost Report from Rider Levett Bucknall (RLB). The report shows year-over-year cost growth dropped to 4.4% in April 2025, compared to 5.42% in the same period last year. The report provides a data-driven snapshot of current construction trends across North America, aimed at…
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MEWP rental market slows amid economic uncertainty, IPAF data shows
IPAF’s MEWP rental market reports offer “essential insights for anyone operating in the powered access market” (image: Valmedia Creatives | Dreamstime.com) In 2024, the MEWP rental markets in both Europe and the US continued to grow in revenue, fuelled by sustained demand, increased rental rates, and inflationary factors. However, the pace of growth has begun…
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Construction hiring slows to lowest rate ever recorded
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction industry job openings decreased by 38,000 last month even as hiring in the sector slowed to its lowest rate on record, according to an Associated Builders and Contractors analysis of data from the U.S.…
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Hiring slows amid economic uncertainty
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction counted 264,000 unfilled job openings on the last day of February, a 9% increase from January but a 38.5% decrease from the same month in 2024, according to data released by the Bureau of…