Cost update
Language: English Series: Building ; 273(8520) 20 March 2008, 66-68(3)Publication details: 2008Subject(s): Summary: Reports that the building cost index, the mechanical cost index, and the electrical cost index rose twice as fast as the consumer price index when comparing the fourth quarter 2007 with the fourth quarter 2006. Construction material price inflation slowed sharply in the second half of 2007, although steel and other metal prices have started to increase again. Construction wages increased relatively slowly in the fourth quarter 2007, but rises are expected later in 2008.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L142998 (Browse shelf(Opens below)) | 1 | Available | 142998-1001 |
Reports that the building cost index, the mechanical cost index, and the electrical cost index rose twice as fast as the consumer price index when comparing the fourth quarter 2007 with the fourth quarter 2006. Construction material price inflation slowed sharply in the second half of 2007, although steel and other metal prices have started to increase again. Construction wages increased relatively slowly in the fourth quarter 2007, but rises are expected later in 2008.