JLL: Construction Industry Likely to See Positive 2024

JLL, Chicago, released itsĀ U.S. and Canada Construction Trends 2024 forecast, positing that the industry will have a positive 2024, but also acknowledging existing challenges.

CBRE: Construction Costs Could Jump 14%

CBRE, Dallas, said it expects U.S. construction costs to jump 14.1 percent year-over-year by year-end due to pressures including labor shortages, inflation, supply chain disruptions, pandemic reverberations and the war in Ukraine.