Navigating construction cost trends: Strategic budgeting for higher ed facilities

Higher education campus and facility planners face unprecedented budget pressures amid fluctuating tariffs and evolving Federal Reserve policies. This presentation delivers an indispensable two-year market outlook for construction costs, equipping owners with reliable cost escalation predictions. Vermeulens' analysts deliver insights into key economic drivers such as construction volumes, labor productivity, and major commodities impacting costs. They provide a construction labor weather map to forecast regional cost fluctuations and offer effective tools for risk mitigation and contingency planning. By understanding these micro and macroeconomic factors, campus planners can strategically manage their project budgets and control costs in a dynamic economic environment.