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Construction costs rise sharply in U.S., Skanska reports
Building industry cost escalation is expected to outpace overall inflation due to tariffs, rising diesel prices and higher interest rates, according to a 2026 report by Skanska.
Mortgage rates inch higher but remain near 2025 low
U.S. mortgage rates rose for the third consecutive week recently. The 30-year rate sits at 6.26 percent as easing Treasury yields and Fed policy shape the outlook.
August sizzles, then sputters. Uncertainty about Federal Reserve independence roils markets | Opinion
August saw record highs for stocks and gold as Fed independence faced political pressure, driving volatility and investor focus on diversification.
The Fed鈥檚 $2.5 billion renovation draws scrutiny
The massive project involving two Federal Reserve buildings has drawn criticism from President Donald Trump and others because of escalating costs and perceived extravagance.
News
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
Commentary
- Beware of when the debt collector comes calling | Opinion
- Assembly of a future workforce begins with an invitation | Opinion
- Beware of overlooking legal requirements for remote workers | Opinion
- Become a critical thinker and transform a workplace | Opinion
- Managing construction risks with international suppliers | Opinion
- A rally with many engines: the lesson of 2026’s first half | Opinion
- Oregon housing challenges persist despite sound and fury | Opinion
- When does an employee’s bullying become harassment? | Opinion
- Ditch disorganization 鈥� the cost of deferred decisions | Opinion
- Consider 10 common risks for healthcare construction projects | Opinion
- Clarifying the reach of a law regarding prevailing wage | Opinion
- Adjust to legal changes now to ensure compliance later | Opinion
