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article • construction
The Impact of Tariffs on U.S. CRE Construction CostsTariffs introduced over the past year are estimated to raise U.S. CRE construction material costs by 6% and total project costs by 3% relative to the pre-tariff era. With labor and energy also top-of-mind, construction faces ongoing headwinds in 2026.
James Bohnaker • April 08, 2026
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