Construction Cost Insights Report: Q4 2025
Produced in partnership with Building Design+Construction, the Construction Cost Insights Report uses Gordian’s RSMeans™ Data construction costs and internal expertise, along with perspectives from A/E/C industry leaders to evaluate the short-term and long-term cost trajectory of prominent construction materials.
The Q4 2025 report not only discusses material price trends but also offers insights into how the construction industry has adapted its standard business practices in the face of shifting costs, discusses the state of the construction labor market and anticipates what’s to come in 2026.
Download this comprehensive report for:
- Cost analysis of steel, lumber, copper and more of North America’s most common construction materials.
- An examination of why procurement timing and escalation clauses are more important than ever.
- A look at ways the labor market will drive costs for 2026 projects.
Key Highlights
Material Cost Trends & Market Trajectory
The report analyzes short‑ and long‑term construction material cost trajectories using Gordian’s RSMeans™ Data, with insights into pricing trends for steel, lumber, and copper as the industry experiences shifting cost pressures.
Evolving Industry Practices in Response to Costs
Construction firms have adapted business practices to manage market volatility—highlighting the increased importance of procurement timing and escalation clauses as they navigate fluctuating materials pricing and supply conditions.
Labor Market’s Impact on 2026 Project Costs
The report emphasizes how the construction labor market—including availability, wages, and workforce shortages—will be a major driver of project costs heading into 2026, influencing budgets and scheduling.
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