![Illustration of many buildings being built with cranes and construction vehicles with a city skyline in the background](https://v9d5g3j5.rocketcdn.me/due-diligence/wp-content/uploads/sites/179/2022/12/2022-construction-costs-4x3-1-960x720.jpg)
Construction Costs
Source: BLS Producer Price Index, FRED
Recession: First two quarters of 2020.
Sources: CBRE Econometric Advisors, CBRE Strategic Investment Consulting
Source: Bureau of Labor Statistics
Source: Bureau of Labor Statistics
Source: Bureau of Labor Statistics