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February 19, 2020

Construction Cost Trend Update - December 2019

New technology, including drones, AR and BIM are helping combat the rise in construction material costs. Our cost trend update from December 2019 also indicates that equipment cost trends experienced an average annual increase of 2.2%. The following are some other key trends to monitor in the industry.

Download our Construction Cost Trend Updates for December 2019


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CBIZ MHM is the brand name for CBIZ MHM, LLC, a national professional services company providing tax, financial advisory and consulting services to individuals, tax-exempt organizations and a wide range of publicly-traded and privately-held companies. CBIZ MHM, LLC is a fully owned subsidiary of CBIZ, Inc. (NYSE: CBZ).

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