Input PPIs soar in year ending in July; steel prices, lead times rise again, while lumber plunges.
Signals and Signposts
The current and future economy, trends in design and construction, political influence – sometimes we have something to say about topics which may be signs of things to come.
Construction input prices rose 0.6% in July, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released...
While the economy has continued its forward progress through the summer, the Dodge Momentum Index has regressed somewhat as higher material prices and shortages of skilled...
Steel remains problematic. Steel Market Update reported on Tuesday that hot-rolled coil averaged $1860, more than four times the August 2020 low point of $440....
DeWalt’s newest DCS377Q1 Atomic 20V Max Brushless 1-3/4-in Bandsaw Kit is available for a special price in DeWalt’s 2021 Summer Sale.
Total construction starts (in dollars) slumped 7% from May to June at a seasonally adjusted annual rate, but unadjusted starts soared 13% year-to-date, Dodge Data & Analytics...
Gap between costs and bid prices widens in June; steel climbs further, lumber tumbles in July.
Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 8.5 months in June, according to an ABC member survey conducted June 20-July 6, 0.5...
Job openings, hires rates slip in May; Dodge Momentum Index declines in June but remains elevated
