I think the impact is going to be nationwide for construction. |
I think we're in for a prolonged period in which construction materials costs are going to rise more rapidly than consumer costs. |
If a substantial percentage of the immigrants took the day away from work, that would have a noticeable impact on construction. |
In 2005, we had 32 areas (of the country) that ran short of cement at certain times of the year. With the demand for cement growing in 2006 and very little expansion of production, I think further supplies are limited. |
It showed a little more success than I had expected. |
It's an eerie challenge. You don't want to leave the roof uncovered in a place like that. |
Last year, 32 states and the District of Columbia were short of cement. Many will have worse shortages this year, |
Last year, 32 states and the District of Columbia were short of cement. Many will have worse shortages this year. |
Many construction materials are likely to be pricier and scarcer because the storms knocked out so much supply, even if demand does not pick up, ... The loss of substantial oil and natural gas production will affect supplies and prices for diesel fuel, asphalt, roofing materials, insulation, PVC pipe, coatings and assorted construction plastics. |
Many construction materials are likely to be pricier and scarcer because the storms knocked out so much supply, even if demand does not pick up. The loss of substantial oil and natural gas production will affect supplies and prices for diesel fuel, asphalt, roofing materials, insulation, PVC pipe, coatings and assorted construction plastics. |
My suspicion is that after the first month it takes effect, you'll see more cement showing up in Arizona. |
Oil and natural gas prices have fallen sharply from their post-hurricane highs. However, production from the Gulf of Mexico is still down by more than 15 percent, keeping supplies tight. As of mid-March, the national average retail price of diesel fuel was around $2.55 per gallon, 60 cents below the record set after Rita but 35 cents (16 percent) higher than a year ago. |
On a two-month basis, there were several segments that showed exceptional growth. Shopping center construction leaped 61%, after swelling nearly 40% in 2005 and 25% in 2004. Hospital construction grew 22%, while manufacturing and commercial warehouse construction climbed 20%. The previously lackluster office segment was up 18%. |
Rubber for construction equipment tires, (Sheetrock) and some kinds of steel may also be harder to find or more expensive because of the storms, |
Rubber for construction equipment tires, (Sheetrock) and some kinds of steel may also be harder to find or more expensive because of the storms. |