Construction Economics for January 5, 2026
AI Article Summary
ENR has released its 20-city average cost indexes along with data on wages and material prices for January 2026. This report provides insights into historical cost trends and details across 20 cities. More comprehensive information is available on their website, ENR.com/economics. The data is useful for understanding the current economic conditions in the construction industry.
What This Means for Canadian Contractors
This project shows how construction costs and trends can impact project planning and budgeting for Canadian contractors. For Canadian builders, this means they should closely monitor these index trends as they can significantly affect project timelines and feasibility. Understanding material price fluctuations and wage trends is vital for securing funding and permits efficiently.
