Portland Nonresidential Construction Costs Rise 0.32 Percent in Q4 2025, Among Lowest of Major U.S. Markets

Mortenson's latest cost index places Portland well below the national average as stable labor and competitive bidding temper escalation pressures heading into 2026 Portland's nonresidential construction market closed 2025 on a notably measured note, with costs rising just 0.32 percent in the fourth quarter — the second-lowest quarterly gain among the eight markets tracked by […]