The good news? Commercial leases are back on the rise, and the data center and industrial sectors are going strong. The not-as-good news? That means certain materials will continue to have long lead times. Learn more about the state of the global supply chain in our September Supply Chain report.

With positive trends emerging during 2023 in tenant interior projects across the nation and the supply chain slowly returning to pre-pandemic normalcy, predicting the median costs of a construction project remain a top priority. Our experts have analyzed real-time data from our own projects to help pinpoint trends in various markets and help look ahead at the future. Read more of these real-time findings in our July 2023 Construction Cost Report.

Back-to-work policies in the office sector have gained more and more momentum as of late; even so, office construction is not feeling the full effects just yet. Construction spending on manufacturing projects has reached record levels, with businesses being enticed to establish production right here in the U.S. The availability of electrical gear, however, still poses a challenge and exceptionally long lead times aren’t improving. Our May Supply Chain Market Update covers these topics in detail and also presents the potential consequences they can have right now and in the future.

The supply chain conversation continues! As global events, rail transportation, and other factors impact the availability of materials, our STOBG experts are monitoring these market variables and communicating with trade partners—and one another—to respond to supply chain challenges. Read more in our Supply Chain Market Update.

Predicting the costs of a construction project can be challenging, but our experts have analyzed real-time data from projects across the globe to help pinpoint market trends and look ahead at the future. Learn more about these real-time findings in our Cost Benchmarking Update.

The supply chain has experienced many changes and remained a persistent global challenge throughout 2022. Still, our team is confident in building upon the economies of scale and synergistic relationships in the new year. Review our December Supply Chain Market Update, featuring insights from our purchasing and procurement experts, including a significant uptick in industrial and data centers.

Predicting the costs of a construction project is as challenging as ever with inflation, supply chain issues, and other factors constantly in flux. Our experts are analyzing real-time data from our own projects to help pinpoint trends in various markets and help look ahead at the future. These real-time findings are compiled in our Cost Benchmarking Update for commercial interior fit-outs across our markets.

Although lead times have improved for many items, the supply chain remains a persistent global challenge. Check out this October Supply Chain Market Update from our purchasing and procurement experts to get more insights into which areas of material and equipment manufacturing, fulfillment, and distribution are most impacted this fall season.

Due to external factors such as the war in Ukraine, the supply chain continues to be a global challenge, but our team is following it closely. Our August Supply Chain Market Update analyzes the most recent supply chain developments from our purchasing and procurement experts, including logistical challenges, financial strains, and lead times for raw materials.

As the summer shapes up to be a busy season for construction, the supply chain remains a persistent global challenge. Our June Supply Chain Market Update analyzes the most recent supply chain developments from our purchasing and procurement experts, including bid pricing of material costs to labor fluctuations and the logistics challenges we’re seeing across our markets.