turner building cost index - turner construction...turner building cost index 750 1050 1000 950 900...

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Turner Building Cost Index 750 1050 1000 950 900 850 800 Quarter 1st Quarter 2018 4th Quarter 2017 3rd Quarter 2017 2nd Quarter 2017 Index 1071 1058 1044 1031 % 1.23 1.34 1.26 1.18 Year 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 Average Index 1038 989 943 902 864 830 812 799 832 908 854 793 717 % 5.0 4.8 4.5 4.4 4.1 2.1 1.6 -4.0 -8.4 6.3 7.7 10.6 9.5 The Turner Building Cost Index is determined by the following factors considered on a nationwide basis: labor rates and productivity, material prices and the competitive condition of the marketplace. 2018 First Quarter Forecast “In a construction market that continues to show high levels of activity, the ﬁrst quarter saw modest growth in raw material prices. Additionally, we are seeing a surge in steel driven by rising demand and limited offshore supply.” John R. Oishei Children’s Hospital Buffalo, New York 2014 2015 ©2018 Turner Construction Company turnerconstruction.com/cost-index 2016 Attilio Rivetti Vice President 2017 1100 2018

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Page 1: Turner Building Cost Index - Turner Construction...Turner Building Cost Index 750 1050 1000 950 900 850 800 Quarter 1st Quarter 2018 4th Quarter 2017 3rd Quarter 2017 2nd Quarter 2017

Turner Building Cost Index

750

1050

1000

950

900

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800

Quarter1st Quarter 20184th Quarter 2017 3rd Quarter 2017 2nd Quarter 2017

Index10711058 1044 1031

%1.231.34 1.26 1.18

Year2017 2016 2015 2014 201320122011201020092008200720062005

Average Index1038 989 943 902 864830812799832908854793717

%5.04.84.5 4.4 4.12.11.6

-4.0-8.46.37.7

10.69.5

The Turner Building Cost Index is determined by the following factors considered on a nationwide basis: labor rates and productivity, material prices and the competitive condition of the marketplace.

2018 First Quarter Forecast

“In a construction market that

continues to show high levels

of activity, the first quarter

saw modest growth in raw

material prices. Additionally,

we are seeing a surge in steel

driven by rising demand and

limited offshore supply.”

John R. Oishei Children’s HospitalBuffalo, New York

2014 2015

©2018 Turner Construction Company turnerconstruction.com/cost-index

2016

Attilio RivettiVice President 2017

1100

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2018

2nd Quarter Turner|Omega|Howard Joint Venture (TOH JV) DFW

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Turner Building Cost Index - Turner Construction …€¦ · Turner Building Cost Index 750 1050 1000 950 900 850 800 ... labor rates and productivity, material prices and the

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