Tag: construction materials prices

Business

Construction costs hit highest levels in 7 years; metal tariffs could drive them up further

The AGC says the tariffs will likely drive prices even higher and could lead to project delays, as steel mills have witnessed a surge in demand. More here.

June 18, 2018

Business

AGC 2014 construction forecast predicts improved hiring and pay with increased demand and equipment purchases

The Associated General Contractors of America released their 2014 construction industry forecast Tuesday, reporting the results of an in-depth survey that included 800 AGC members across the United States. The group’s analysis, Optimism Returns: The 2014 Construction Hiring and Business Outlook, found contractors are more optimistic about 2014 than they were about previous years. Noting […]

January 21, 2014

Business

Rising materials costs, labor shortage, financing woes preventing apartment builders from meeting demand

As we reported last Friday, construction on new homes was up 6 percent in July largely thanks to a 26-percent jump in apartment construction. And that’s been the case for just about the entire year. Any time there’s a gain in overall home starts, apartments are the main contributor. And as we told you back […]

August 19, 2013

Business

Construction materials prices slip slightly in June, up 1.5% annually

The average cost of materials used by the construction industry plus items consumed by contractors such as diesel fuel fell 0.1 percent in June, according to Associated General Contractors of America’s latest analysis of data from the Bureau of Labor Statistics. However, compared to June of last year, construction materials prices were up 1.5 percent. […]

July 16, 2013

Business

Construction materials prices flat in March as diesel price drop negates lumber and plywood increases

According to the latest Producer Price Index from Associated General Contractors of America, the prices for construction materials were flat in March. The AGC reports that although the prices of homebuilding materials including lumber and plywood, gypsum products, construction plastics, paint and roofing materials increased again in March, a plunge in diesel prices and declines in […]

April 15, 2013

Business

Construction materials prices increase 1.3 percent in February

The Associated General Contractors of America has released its Producer Price Index (PPI) report for February, which reveals that construction materials prices increased 1.3 percent between January and February and 2.0 percent from a year ago. The index for new office construction rose 1.0 percent in the past year; new school buildings rose 1.2 percent; […]

March 15, 2013

Business

Construction materials prices rise 0.7% in January

National construction materials prices increased 0.7 percent percent in January, according to the latest Associated Builders and Contractors Producer Price Index (PPI) report. In the year between January 2012 and January 2013, materials rose 1.3 percent. ABC Chief Economist Anirban Basu said he expects construction materials prices to remain volatile for the remainder of 2013. The report […]

February 20, 2013

Business

Construction materials prices fall in November

Construction materials costs declined in November, aided by a plunge in diesel prices along with smaller decreases in a variety of other inputs, according to an Associated General Contractors of America (AGC) analysis of federal figures. The producer price index (PPI) for all construction inputs for the 12 months ending in November rose 1 percent, […]

December 13, 2012

Home

Total steel import permits decrease 3 percent

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported on May 6 that steel import permit applications for the month of April totaled 1,968,000 net tons (NT). This was a 3-percent decrease from the 2,027,000 permit tons recorded in March and no […]

May 11, 2010

Roadbuilding

Total steel import permits decrease 3 percent; April import market share at 20 percent

Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported on May 6 that steel import permit applications for the month of April totaled 1,968,000 net tons (NT). This was a 3-percent decrease from the 2,027,000 permit tons recorded in March and no […]

May 6, 2010