05/01/2012

Facility Management Cost Trends: Construction Activity and Materials Prices Head Upward

Comparative Materials Cost: Construction Materials

 
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Total construction is up around 2% over last year, and is headed for more positive territory in this year’s second quarter. Notable increases are evident in the manufacturing, educational, and healthcare sectors. However, public works spending, except public healthcare, is showing decreases.

The overall increase for construction materials this year should be in the 3% range. Lumber is down 3% and steel up 6%. Asphalt is still on the way up due to higher petroleum prices, while cement seems to have reversed its course and is also on the way up. After years of dramatic spikes and dips, stainless steel has begun to level out. Carpet is now recording increases in the 5–6% range after years of increases in the 2% range. Common brick is going nowhere but down. Hefty increases in the 6–8% range have typified paint prices in previous years, and a similar increase is likely in 2012. Unlike framing lumber, which is down 3%, plywood seems to be comparatively steady since the end of 2010.

Note: All data is based on indices rather than unit or quantity prices.

Source: U.S. Department of Labor, Producer Price Index

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Yaskawa drives offer quality performance for air handlers and cooling towers on the roof to secondary chilled water pumps in the basement

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

Yaskawa drives offer quality performance for air handlers and cooling towers on the roof to secondary chilled water pumps in the basement

Bluebeam® Revu® simplifies digital facilities document management from design review to leveraging as-builts, maintenance manuals and O&Ms submittals.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.


 
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