Cost update
Language: English Series: Building ; 273 (8572) 27 March 2009, 60-62 (3)Publication details: 2009Subject(s): Summary: Reports the cost update for the fourth quarter 2008. Explains that overall costs continue to increase but, in some sectors, such as metals, they are decreasing rapidly. Salaries in the construction sector are lower than in the fourth quarter 2007. The prices of all materials declined. Compared with the fourth quarter 2007, the consumer cost index fell to 3.9%, while the mechanical cost index rose to 5.2%. The electrical cost index is a little higher at 5%. The building cost index is higher, reaching a 7.3% increase.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L147106 (Browse shelf(Opens below)) | 1 | Available | 147106-1001 |
Reports the cost update for the fourth quarter 2008. Explains that overall costs continue to increase but, in some sectors, such as metals, they are decreasing rapidly. Salaries in the construction sector are lower than in the fourth quarter 2007. The prices of all materials declined. Compared with the fourth quarter 2007, the consumer cost index fell to 3.9%, while the mechanical cost index rose to 5.2%. The electrical cost index is a little higher at 5%. The building cost index is higher, reaching a 7.3% increase.