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Construction Materials Price History  and Outlook April 20, 2009 Ken Simonson, Chief Economist AGC of America [email_address]
Change in Producer Prices for Construction vs. Consumer Prices, 2003 - 2009 (December 2003 = 100) Source: BLS (CPI, PPI) Mar. 2009
Producer Price Indexes, 2007 - 2009 Inputs to construction industries Highway & street construction Nonresidential buildings  Other heavy construction 1-month: -0.6% 12-month: -1.9% 1-month: -0.9% 12-month: -7.0% 1-month: -0.8% 12-month: -5.8% 1-month: -0.6% 12-month: -2.6%
Producer Price Indexes, 2007 - 2009 No. 2 Diesel Fuel Steel Mill Products Concrete Products Asphalt Paving Mixtures & Blocks 1-month: -8.9% 12-month: -62.5% 1-month: -0.1% 12-month: -14.6% 1-month: -1.9% 12-month: 17.4% 1-month: -0.9% 12-month: 3.6%
Producer Price Indexes, 2007 - 2009 Copper & Brass Mill Shapes  Aluminum Mill Shapes Lumber and Plywood  Gypsum Products 1-month: -0.8% 12-month: -37.0% 1-month: -2.9% 12-month: -22.3% 1-month: 0.0% 12-month: 9.0% 1-month: -2.5% 12-month: -9.6%
Outlook for materials in ‘09 compared to ‘08 ,[object Object],[object Object],[object Object],Source: Author’s forecasts
Outlook for materials (beyond 2009) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: Author’s forecast
AGC economic resources  (sign up by email to simonsonk@agc.org) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Ken Simonson Chief Economist Associated General Contractors of America simonsonk@agc.org, 703-837-5313 www.agc.org

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April 2009:Construction Materials Price History & Outlook

  • 1. Construction Materials Price History and Outlook April 20, 2009 Ken Simonson, Chief Economist AGC of America [email_address]
  • 2. Change in Producer Prices for Construction vs. Consumer Prices, 2003 - 2009 (December 2003 = 100) Source: BLS (CPI, PPI) Mar. 2009
  • 3. Producer Price Indexes, 2007 - 2009 Inputs to construction industries Highway & street construction Nonresidential buildings Other heavy construction 1-month: -0.6% 12-month: -1.9% 1-month: -0.9% 12-month: -7.0% 1-month: -0.8% 12-month: -5.8% 1-month: -0.6% 12-month: -2.6%
  • 4. Producer Price Indexes, 2007 - 2009 No. 2 Diesel Fuel Steel Mill Products Concrete Products Asphalt Paving Mixtures & Blocks 1-month: -8.9% 12-month: -62.5% 1-month: -0.1% 12-month: -14.6% 1-month: -1.9% 12-month: 17.4% 1-month: -0.9% 12-month: 3.6%
  • 5. Producer Price Indexes, 2007 - 2009 Copper & Brass Mill Shapes Aluminum Mill Shapes Lumber and Plywood Gypsum Products 1-month: -0.8% 12-month: -37.0% 1-month: -2.9% 12-month: -22.3% 1-month: 0.0% 12-month: 9.0% 1-month: -2.5% 12-month: -9.6%
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  • 9. Ken Simonson Chief Economist Associated General Contractors of America simonsonk@agc.org, 703-837-5313 www.agc.org