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Turner Building Cost Index shows a 13.16% decline

Turner Construction Company announced that the Second Quarter 2010 Turner Building Cost Index continues to show declining costs in the non-residential building construction market in the United States. The Turner Building Cost Index is forecasting a decrease in construction costs of 0.13% from the First Quarter 2010 and a decrease of 4.66% from the Second Quarter 2009. Since its peak at the end of 2008, construction costs have fallen by 13.16%. The Turner Building Cost Index value for Second Quarter of 2010 is 798, the index's lowest level since the Third Quarter of 2006.



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