In 2004, construction costs rose in nearly every major city in the United States. According to Engineering News Record's construction cost index, labor, materials and land prices skyrocketed, adding to growing development costs in cities from San Francisco and Seattle to New York and Atlanta. Recent data from the U.S. Bureau of Labor Statistics revealed prices for construction materials increased nearly 2% in just the first two months of 2005, including prices for concrete, plastics, ...
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