Turner is a North America-based, international construction services company and is a leading builder in diverse market segments.
GET TO KNOW USOur people bring their technical knowledge, experience, and resourcefulness to the delivery of our construction services. Our expertise and value-added offerings support our clients throughout the lifespan of the construction process.
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Explore careers at TurnerTurner is a North America-based, international construction services company and is a leading builder in diverse market segments.
Get to know usOur people bring their technical knowledge, experience, and resourcefulness to the delivery of our construction services. Our expertise and value-added offerings support our clients throughout the lifespan of the construction process.
As the largest general contractor in the country, Turner is a leader in all major market segments, including healthcare, education, commercial, sports, aviation, pharmaceutical, retail and green building.
See Our PortfolioStay up to date with the latest news and insights from Turner. Learn from our industry experts sharing innovation, market insight and thought leadership.
Browse InsightsAn awarding and fulfilling career awaits you at Turner! Join our team and build some of the most exciting and innovative projects around the world.
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Become a SubcontractorJanuary 11, 2019
Turner Construction Company announced that the Fourth Quarter 2018 Turner Building Cost Index—which measures costs in the non-residential building construction market in the United States—has increased to a value of 1120.
This represents a 1.36% quarterly increase and 5.86% yearly increase from the Third Quarter 2018 and Fourth Quarter 2017, respectively.
“For the Fourth Quarter, the escalation on raw and fabricated materials continue,” said Attilio Rivetti, the Turner vice president responsible for compiling the Cost Index. “While aluminum and steel product pricing has not increased significantly since August, gypsum products continue to rise on a monthly basis. Above average level of work in numerous cities across the United States is increasing the need to understand and manage the availability of skilled labor in those markets.”
Turner has prepared the construction cost forecast for more than 80 years. The building costs and price trends tracked by the Turner Building Cost Index may or may not reflect regional conditions in any given quarter. The Cost Index is determined by several factors considered on a nationwide basis, including labor rates and productivity, material prices and the competitive condition of the marketplace. This index does not necessarily conform to other published indices because others do not generally take all of these factors into account.
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#NewsOctober 31, 2018