Discover what labor costs encompass, their categories—direct and indirect—and why they matter in pricing strategies to maintain profitability.

Editor’s note: This is the fourth story in an occasional series on the causes and impact of inflation. There is a dominant driver when it comes to setting car and home insurance rates: the cost of the ...

Learn where raw material costs appear on financial statements and their impact on businesses. Get insights on tracking costs ...

Rising labor costs are quietly reshaping what it takes to keep a home in working order, from a simple faucet fix to a full ...

The construction industry is known for its complex and fluctuating costs. To effectively budget for a construction project, it’s essential to consider all the different labor costs. Here are some ...

Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement. The ENR 20-city average yearly price for steel rose 11.2% by the end ...

Sharply lower costs in all categories but material—which was roughly flat—decreased the price of building land pipelines by nearly $3 million/mile. The decrease in total estimated $/mile land pipeline ...

Editor’s note: This article, distributed by The Associated Press, was originally published on The Conversation website. The Conversation is an independent and nonprofit source of news, analysis and ...

In the first half of 2024, construction costs stabilized. And through the remainder of this year, total cost growth is projected to be modest, and matched by an overall increase in construction ...

Significant fleet maintenance costs seemed to stabilize in 2023, according to two recent market reports. While parts costs were relatively stable throughout the year, technician labor costs continued ...

Industry reports point to flat 2026 spending, persistent labor shortages and rising costs, even as tech adoption and targeted ...