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DCD Design Cost Data

Cost Trends


Executive Order 14026 Raises Minimum Wage for Davis Bacon to $15 per hour

Executive Order 14026 Raises Minimum Wage for Davis Bacon to $15 per hour

Posted: May 26, 2022 | Tradewinds, Cost Trends

Executive Order 14026 raises the minimum wage paid by those contractors to workers performing work on or in connection with covered federal contracts to $15.00 per hour, beginning January 30, 2022; and beginning January 1, 2023, and annually thereafter, an amount determined by the Secretary of Labor (Secretary). This final rule establishes standards and procedures for implementing and enforcing the minimum wage protections of Executive Order 14026, and is effective on January 30, 2022.

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BNi Building News Construction Costs 2022

BNi Building News Construction Costs 2022

Posted: March 18, 2022 | Cost Trends

Residential construction is strong but waning. Commercial is making a solid comeback and infrastructure is finally on the way up. While residential is steadily losing jobs (but not at a great rate), commercial and heavy construction added 24,000 in December alone, after a strong third and fourth quarter in 2021.

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Third Quarter Marcum Commercial Construction Index

Third Quarter Marcum Commercial Construction Index

Posted: February 7, 2020 | Cost Trends

On the positive side, Marcum’s third quarter index points to increased public construction spending, growing backlogs, falling input prices, the ongoing U.S. economic expansion, a strong construction labor market, and interest rate cuts as key factors sustaining the construction industry’s momentum.

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SmithGroup Forecasts Trends for the 2020s in Design & Health Care

SmithGroup Forecasts Trends for the 2020s in Design & Health Care

Posted: January 10, 2020 | Tradewinds, Cost Trends

SmithGroup one of the nation’s leading integrated design firms, has tapped its broad network of 1,300 interdisciplinary design professionals to offer its predictions for the trends and challenges that the design industry will face in the decade ahead. A firmwide discussion has yielded major disruptors that are likely to impact design of health care environments in the 2020s.

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Rising Construction Costs

Rising Construction Costs

Posted: January 3, 2020 | Tradewinds, Cost Trends

Nationally, construction costs have increased by more than 100% over the last 20 years — a trend that will likely continue — introducing a new layer of complexity to development, capital improvement investments, and landlord tenant lease negotiations.

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