The construction cost of most non-residential buildings in the United States increased significantly in 2023. However, growth rates were not as high as in 2022, a year in which the price of building a warehouse rose the most, with a growth rate of over 28 percent. Before that, the price increases had been relatively steady. The cost of construction trades in the U.S. also increased a lot in 2022.
Annual producer price growth rate of new non-residential building construction in the United States from 2009 to 2023, by type
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Bureau of Labor Statistics. (September 30, 2024). Annual producer price growth rate of new non-residential building construction in the United States from 2009 to 2023, by type [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1378203/commercial-building-construction-price-growth-us-by-type/
Bureau of Labor Statistics. "Annual producer price growth rate of new non-residential building construction in the United States from 2009 to 2023, by type." Chart. September 30, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1378203/commercial-building-construction-price-growth-us-by-type/
Bureau of Labor Statistics. (2024). Annual producer price growth rate of new non-residential building construction in the United States from 2009 to 2023, by type. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1378203/commercial-building-construction-price-growth-us-by-type/
Bureau of Labor Statistics. "Annual Producer Price Growth Rate of New Non-residential Building Construction in The United States from 2009 to 2023, by Type." Statista, Statista Inc., 30 Sep 2024, https://www.statista.com/statistics/1378203/commercial-building-construction-price-growth-us-by-type/
Bureau of Labor Statistics, Annual producer price growth rate of new non-residential building construction in the United States from 2009 to 2023, by type Statista, https://www.statista.com/statistics/1378203/commercial-building-construction-price-growth-us-by-type/ (last visited December 21, 2024)
Annual producer price growth rate of new non-residential building construction in the United States from 2009 to 2023, by type [Graph], Bureau of Labor Statistics, September 30, 2024. [Online]. Available: https://www.statista.com/statistics/1378203/commercial-building-construction-price-growth-us-by-type/