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.
Stay 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.
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 SubcontractorOctober 25, 2021
Turner Construction Company announced that the Third Quarter 2021 Turner Building Cost Index—which measures costs in the non-residential building construction market in the United States—had increased to the value of 1207.
This represents a 1.68% quarterly increase from the Second Quarter 2021 and a 3.07% yearly increase from the Third Quarter 2020.
“While supply chain disruptions continue to impact lead times for key construction materials such as steel, aluminum, and copper, there was also a significant reduction in lumber costs. At the same time, we experienced some vendors and subcontractors reporting that their backlog is returning to pre-pandemic levels,” said Attilio Rivetti, the Turner vice president responsible for compiling the Cost Index.
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.
Click here to view the Third Quarter 2021 report.
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#NewsOctober 14, 2021