Construction Economics

January 2005
ENR: Engineering News-Record;1/17/2005, Vol. 254 Issue 2, p18
Trade Publication
This article reports on several indexes related to construction industry. Higher steel prices are the main driver of construction costs in Dallas. Prices for light structural channel, wide-flange and I-beams are averaging 32 per cent higher than January 2005, accounting for most of the 17 per cent annual increase in the material cost component of the city's cost indexes. Lumber prices in the city are up just 3 per cent this year, following a 21 per cent increase last year. According to another news, prices for most construction pipe products posted large increases during the fourth quarter of last year and those gains were solidified in the opening month of 2005 with several modest price hikes.


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