TITLE

Construction Economics

PUB. DATE
August 2005
SOURCE
ENR: Engineering News-Record;8/1/2005, Vol. 255 Issue 5, p43
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents information on the costs of construction materials in the U.S. Union wage settlements this month pushed the labor component of the Construction Cost Index up by 1.2%, while inflation measured by the Building Cost Index slipped to 4.5%, nearly half of the annual escalation rate a year ago. Falling structural steel and lumber prices more than offset the impact of rising cement prices. Ready-mix concrete began this month with a 0.7% price hike, which pushed prices 7% above a year ago. Portland cement prices are continuing to increase through the summer, with this month's 0.3% increase leaving prices 4.4% above 2004.
ACCESSION #
17837924

 

Related Articles

  • Inflation Checked in 2016. Grogan, Tim // ENR: Engineering News-Record;3/28/2016, p25 

    The article focuses on development of cost index by the periodical for inflation in construction material prices. Topics include increment of lumber prices by reduction in prices of steel and cement, observation of increment in the Construction Cost Index along with the Building Cost Index,...

  • Lumber Prices Remain Moderate This Summer.  // ENR: Engineering News-Record;8/20/2007, Vol. 259 Issue 7, p22 

    The article reports on lumber prices in the U.S. A blowout in homebuilding has tempered but not erased pressure on lumber prices in August 2007. Prices for framing lumber per 1,000 board feet have been bumping around a range with a high of $311 in late June and early July to a low of $289 on...

  • Construction Economics.  // ENR: Engineering News-Record;9/8/2008, Vol. 261 Issue 7, p19 

    Several charts are presented that offer information on the construction industry in the U.S., including construction cost index, inflation and cost of building materials.

  • Inflation Rips Through Cost Indexes.  // ENR: Engineering News-Record;6/28/2004, Vol. 252 Issue 26, p26 

    A surge in materials price escalation during the first half of the year has ripped through the industry's major construction cost indexes. Average annual inflation measured by 13 indexes increased from 3.2% in the previous quarter to 5.6% for the quarter ending last April, the latest month that...

  • What Drives ENR's Cost Indexes. Grogan, Tim // ENR: Engineering News-Record;3/24/2008, Vol. 260 Issue 10, p34 

    The article reports on the impact of the downturn in the housing market on the journal's cost indexes. In March 2008, lumber prices in the indexes were down another 2 percent after dropping 14 percent the previous year. Lower lumber prices are the main factor keeping inflation low. The...

  • Lumber Prices Undercut Costs Pipe Prices Have Quiet Month.  // ENR: Engineering News-Record;10/12/2009, Vol. 263 Issue 12, p37 

    The article reports on the materials price trends in Detroit, Michigan as of October 2009. It notes that while there has been a 2.3% drop in building costs, nearly similar to the national average, the price trends for building materials which are affecting the indexes in the city tend to be...

  • Construction Economics.  // ENR: Engineering News-Record;11/3/2003, Vol. 251 Issue 18, p39 

    Presents statistics on variance observed in materials used in the construction industry in various cities of the U.S. Percentage change in construction costs for November 2003; Comparison of increase in concrete prices for 2001, 2002 and 2003; Graph depicting prices of portland cement.

  • CEMENT TOTALS.  // Rock Products;Oct2007 Cement Supplement, Vol. 110, p2 

    The article reports on the total shipments of cement in the U.S. and Puerto Rico in June 2007. According to the U.S. Geological Survey, the total shipments of portland and blended cement were about 10.9 million mt while the year-to-date shipments averaged to 54.4 million mt. Meanwhile, the...

  • Construction material prices surge. Potter, Beth // Northern Colorado Business Report;9/23/2011, Vol. 16 Issue 27, p3A 

    The article reports on increased prices of contraction material in the U.S. According to Reed Construction Data Inc., an increase in energy prices will increase construction categories. It is added that the rate of inflation for construction materials increased at 0.3 percent in July 2011...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics