Construction costs jump 5.2% over 2008

With steel leading the way, Engineering News Record reports the following figures for March 2009:

20-CITY:
1913 = 100		 MAR 2009
Index Value		 % change
Month		 % change
Year
Construction Cost 8534.05 0.0 +5.2
Common Labor 18015.79 0.0 +5.4
WAGE $/HR. 34.23 0.0 +5.4
20-CITY:
1913 = 100		 MAR 2009
Index Value		 % change
Month		 % change
Year
Building Cost 4766.71 0.0 +4.3
Skilled Labor 8112.22 0.0 +4.1
WAGE $/HR. 45.02 0.0 +4.1
20-CITY:
1913 = 100		 MAR 2009
Index Value		 % change
Month		 % change
Year
Materials 2722.66 +0.1 +4.4
CEMENT $/TON 101.73 -0.3 +0.5
STEEL $/CWT 44.90 +0.2 +9.1
LUMBER $/MBF 414.34 -0.2 -3.9

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