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Construction Cost Index: Non-Residential Construction Activity Remains Steady with Costs Increasing at Slower Pace

The Mortenson Construction Cost Index for the third quarter is reporting non-residential construction activity remains steady with costs increasing at a slower pace. Even with the U.S. economy showing signs of a slowdown, the outlook for non-residential construction remains positive with certain categories charging ahead.

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Mortenson was very creative throughout the project in finding ways to stretch our dollars to the maximum benefit…It was clear that the Mortenson team members were always doing their best to get us the best outcome for our investment.

Your project can make or break reputations and bottom lines. We get it. That's why we serve as your partner and guide, every step of the way.




Providence Health Reeds Crossing rendering

Reed's Crossing

Providence Health puts the focus on the safety and well-being of patients and care teams. Learn more about how healthcare construction is evolving.

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Climate Pledge Arena

Learn what it took to build the world's first net zero carbon arena while preserving the historic Seattle Center's 44 million pound roof.

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Climate Pledge Arena Seattle skyline

Beam on Farmer rendering

The Beam on Farmer

Arizona's first cross-laminated timber office structure will deliver a healthy building experience. Discover more about the future of sustainable construction. 

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At Mortenson, we believe that each of us is called to be a leader — and that together, everything is possible.
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