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Research Letter

Two ENR cost indexes react differently to labour conditions

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References

  • Ashuri, B., and J. Lu. 2010. “Time Series Analysis of ENR Construction Cost Index.” Journal of Construction Engineering and Management 136 (11): 1227–1237. https://doi.org/10.1061/(ASCE)CO.1943-7862.0000231.
  • Ashuri, B., S. Shahandashti, and J. Lu. 2012. “Empirical Test for Identifying Leading Indicators of ENR Construction Cost Index.” Construction Management & Economics 30 (11): 917–927. https://doi.org/10.1080/01446193.2012.728709.
  • CBRE 2022, Labor Market Trends, Accessed June 5, 2023. https://www.cbre.com/insights/books/2022-us-construction-cost-trends/04-labor-market-trends.
  • Guan, Y., and K. S. Cheung. 2023. “The Costs of Construction and Housing Prices: A Full-Cost Pricing or Tendering Theory?” Buildings 13 (7): 1877. https://doi.org/10.3390/buildings13071877.
  • Shahandashti, S. M., and B. Ashuri. 2013. “Forecasting Engineering News-Record Construction Cost Index Using Multivariate Time Series Models.” Journal of Construction Engineering and Management 139 (9): 1237–1243. https://doi.org/10.1061/(ASCE)CO.1943-7862.0000689.
  • Williams, T. P. 1994. “Predicting Changes in Construction Cost Indexes Using Neural Networks.” Journal of Construction Engineering and Management 120 (2): 306–320. https://doi.org/10.1061/(ASCE)0733-9364(1994)120:2(306).
  • Zhang, X., E. Yang, and Y. Wang. 2023. “Time Series Observation of Relationship Between United States Private Residential Construction Spending and Its Indicators.” International Journal of Housing Markets and Analysis ahead-of-print (ahead–of–print). https://doi.org/10.1108/IJHMA-07-2023-0096.

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