Gilbane’s Spring 2012 economic report identifies multiple positive economic and market factors

Anticipating increasing escalation in owner costs through 2014.

May 24, 2012 |
Construction spending still shows inconsistent performance but over the last yea

Gilbane Building Company announced the publication of the Spring 2012 edition of Construction Economics – Market Conditions in Construction. Based on an array of economic data, construction starts, and material cost trends, this free report projects expanding work volume, slowly increasing workforce and material price increases are leading to a growing escalation rate. Nevertheless, some critical indicators are illustrating a positive trend.

According to the report, the ABI, which predicts activity 9-12 months out, indicated a slight downturn that the industry is currently experiencing. Since July 2011, all indices have been climbing, which bodes well for newly anticipated work growth in the second and third quarters of 2012. Construction spending still shows inconsistent performance but over the last year the trend has clearly been increased spending.

Among the topics covered in this comprehensive report are:

  • Construction Starts, Spending, & Costs
  • Material Price Movement
  • Trends and Costs for Structural Steel, Recycling Steel, & Copper
  • Architectural Billings Index
  • Current Inflation Forecast

This free report is available for download, at http://www.gilbaneco.com/construction-economics or by clicking here. +

 

Add new comment

Your Information
Your Comment

Filtered HTML

  • Web page addresses and e-mail addresses turn into links automatically.
  • Allowed HTML tags: <a> <em> <strong> <cite> <blockquote> <code> <ul> <ol> <li> <dl> <dt> <dd>
  • Lines and paragraphs break automatically.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Refresh Type the characters you see in this picture. Type the characters you see in the picture; if you can't read them, submit the form and a new image will be generated. Not case sensitive.  Switch to audio verification.
Overlay Init