building materials prices

• Prices Rise for Some Key Building Materials

Prices of some key building materials have been on the rise, according to federal data released this week, as one analyst called the numbers "a warning shot" to would-be developers. The federal Bureau of Labor Statistics said Tuesday that prices of diesel fuel, copper and brass mill shapes, steel mill products and some other building-related materials rose between August and November. The data was among dozens of other economic indicators in the bureau's producer price index report for November.

• Daily Journal of Commerce
• December 17, 2009

• Rising Commodity and Materials Prices Drive Turner Building Cost Index to Slightly Increase for Fourth Quarter 2010 ; Strong Market Competition Reduces Overall Increase in Construction Costs

NEW YORK, Nov. 29, 2010 /PRNewswire/ -- Turner Construction Company announced that the Fourth Quarter 2010 Turner Building Cost Index has slightly increased over the Third Quarter of 2010. The Turner Building Cost Index measures costs in the non-residential building construction market in the United States. The Turner Building Cost Index of 801 reflects a 0.38% increase over the Third Quarter 2010. However, overall construction costs have decreased by 0.25% when measured in comparison to the Fourth Quarter of 2009. Karl F. Almstead, the Turner vice president responsible for the Turner Building Cost Index said, "The Fourth Quarter forecast reflects increasing commodity and materials prices being offset by extremely competitive market conditions. This is resulting in construction costs re...

• U.S. Newswire
• November 29, 2010

• Katrina Affects Prices of Building Materials

Mary Ann Lewis and her husband, Bill, who have spent their working lives running Lewis Manufacturing and Construction in Laurel, had to order a specia...

• Billings Gazette, The
• August 05, 2009

• Cost of Building Materials On the Rise; Contractors Seek to Lock in Prices Before They Soar

Cost of building materials on the rise Contractors seek to lock in prices before they soar

• The Milwaukee Journal Sentinel
• October 12, 2004

• Hurricanes Hit Remodeling; Rebuilding Efforts in Storm-Stricken States Tighten Supplies and Increase Prices for Building Materials

Hurricanes Katrina and Rita, which trashed the U.S. Gulf Coast in August and September, now are rustling America's $233 billion-plus remodeling industry. Industry representatives say supplies of building materials have tightened, and prices are rising because petroleum facilities in Louisiana and Texas are damaged and reconstruction is under way in storm-stricken southern states.

• The Milwaukee Journal Sentinel
• December 16, 2005

• Communities Consider Delaying Public Projects ; Officials Balance Costs of Borrowing Against Favorable Prices for Labor and Building Materials.

The bids for a manager of Sanford's police station construction project went out earlier this month, and the former cinema building on the new station's site was razed in the past week. But construction of the $5.5 million building to house the Sanford Police Department off Roberts Road may be put on hold for six months.

• Portland Press Herald
• January 28, 2009

• Not the Right Time to Accumulate

INVESTORS LOOKING TO bottom fish into construction and its related building material sectors such as cement and steel must have gotten a big shock in the last few weeks or so. Just when the bulls thought it was safe to buy cheaply into players in these bashed- down sectors, there was suddenly another wave of sell-down in these stocks, as new worries emerged over their earnings visibility and waning demand for property and infrastructure projects in a potential global recession. In a way, it was ironic for contractors and cement/steel manufacturers. For the former, when commodity prices were high such as that of cement/steel and other building materials, their share prices were being sold down on concerns of crimping margins, while the building material manufacturers benefited and saw th...

• Malaysian Business
• November 13, 2008

• Bargain Hunter

HUMANITY HOME HELP During a recent conversation with a co-worker about affordable furnishings, the subject of Habitat for Humanity ReStore resale outlets came up. You can find great deals on just about everything for the home, including new and gently used building materials and appliances, furniture and fixtures at a fraction of retail prices.

• Los Angeles Daily News
• January 04, 2011

• Passing the Pain On: Oklahoma Suppliers, Contractors: Up by Weather, Not Gouging

Crossroads Roofing Supply owner Mike Curtis expects to see the price of shingles rise as much as 40 percent by July 1 from the beginning of 2011 due to a series of severe storms and tornadoes in the region coupled with high crude oil prices earlier this year. He's tired of the misconception that price gouging by shrewd contractors and suppliers drive up building supply costs after storms. In reality, prices are driven by raw materials costs and supply and demand, he said.

• The Journal Record
• June 30, 2011

• Construction Costs 'Gone Crazy'

As contractors struggle with rising prices for building materials, a number of local projects are feeling the pinch Costs: No shortage of construction jobs

• The Santa Fe New Mexican
• July 31, 2006