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turner building cost index

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Turner Building Cost Index 2010 2011 600 900 850 800 750 700 650 Quarter 1st Quarter 2014 4th Quarter 2013 3rd Quarter 2013 2nd Quarter 2013 Index 885 878 868 859 % 0.80 1.15 1.05 1.18 Year 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 Average Index 864 830 812 799 832 908 854 793 717 655 621 619 613 % 4.1 2.1 1.6 -4.0 -8.4 6.3 7.7 10.6 9.5 5.4 0.3 1.0 3.0 The Turner Building Cost Index is determined by the following factors considered on a nationwide basis: labor rates and productivity, material prices and the competitive condition of the marketplace. 2014 First Quarter Forecast 2012 2013 The increase in construction costs is the reflection of various market factors including constrained availability of labor, stability in commodity prices and competition in the market. Large projects in urban centers have witnessed an increased level of cost escalation while competition for small and medium- sized projects is working to restrain increase in construction costs. San Diego International Airport Terminal 2 Expansion The first LEED Platinum commercial airport terminal in the world. 2014

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Page 1: Turner Building Cost Index

Turner Building Cost Index

2010 2011600

900

850

800

750

700

650

Quarter1st Quarter 2014 4th Quarter 20133rd Quarter 20132nd Quarter 2013

Index885 878868859

%0.80 1.151.051.18

Year2013201220112010200920082007200620052004200320022001

Average Index864830812799832908854793717655621619613

%4.12.11.6

-4.0-8.46.37.7

10.69.55.40.31.03.0

The Turner Building Cost Index is determined by the following factors considered on a nationwide basis: labor rates and productivity, material prices and the competitive condition of the marketplace.

2014 First Quarter Forecast

2012 2013

The increase in construction costs

is the reflection of various market

factors including constrained

availability of labor, stability in

commodity prices and competition in

the market. Large projects in urban

centers have witnessed an increased

level of cost escalation while

competition for small and medium-

sized projects is working to restrain

increase in construction costs.

San Diego International Airport Terminal 2 Expansion The first LEED Platinum commercial airport terminal in the world.

2014

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