Construction Industry Report

The cost estimating firm Davis Langdon has recently released its 2007 second quarter report on the state of the construction industry. The report, which addresses issues such as price escalation and labor shortages, concludes that escalation will continue to be a concern, but at a reduced level. The report states that material prices are beginning to stabilize and the volatility in strategic materials and commodities, to abate. A copy of their 14 page report may be found at the following website: 2nd Quarter Construction Market Report.