A recent Verisk report indicates a slowdown in the inflation of U.S. reconstruction costs in Q2 2026, offering a much-needed breather for insurers and businesses. Total reconstruction costs, combining materials and labor, rose by 3.6% year-over-year, down from 5.2% last year, with a quarter-over-quarter increase of only 0.8%. Residential costs grew by 3.2%, while commercial costs rose by 4.1%. Contributing factors include rising skilled-trade wages, which jumped 3.63%, amid federal infrastructure spending and low contractor availability. This report arrives alongside a significant rise in wholesale prices, the highest increase seen in over three years. Source and details of the news