Overhead costs vary by industry. Common examples include the following: Overhead costs, alongside direct costs, the other main category of business expense, determine a company’s profitability.

Project starts had a positive outlook with slight material costs decreases in 2024 and an easing workforce shortage. However, the industry is evaluating the weight of tariffs on construction economics ...

The ENR 20-city average yearly price for steel rose 11.2% by the end of 2024, while the overall Materials Cost Index experienced an increase of 3%. Both skilled and common labor saw a modest gain.

GREENVILLE, S.C. (Feb. 25, 2025) — Gordian, provider of data-driven solutions for all phases of the building life cycle, reported that construction costs continued to increase ... While construction ...