Forecasting Public Recovery Expenditures' Effect on Construction Prices and the Demand for Construction Labor

Aaron Strong,Jeffrey B Wenger,Isaac M Opper,Drew M Anderson,Kathryn a Edwards

Forecasting Public Recovery Expenditures' Effect on Construction Prices and the Demand for Construction Labor
Format
Paperback
Publisher
RAND Corporation
Country
United States
Published
31 July 2022
Pages
72
ISBN
9781977408358

Forecasting Public Recovery Expenditures’ Effect on Construction Prices and the Demand for Construction Labor

Aaron Strong,Jeffrey B Wenger,Isaac M Opper,Drew M Anderson,Kathryn a Edwards

The scale of Puerto Rico’s recovery efforts after Hurricane Maria means that these efforts are likely to fundamentally change Puerto Rico’s economy in terms of labor, materials, and equipment. Researchers aimed to develop estimates of future construction costs and build factors that cost estimators can apply to current costs to reflect the future cost of construction. This report documents their approach, data, findings, and recommendations.

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