Welcome to our eighth Substack Weblog that focuses on building prices. Engineering Information Report (ENR) historical past that may be traced again to 1874. The publication has its roots in two separate publications, Engineer & Surveyor and The Plumber and Sanitary Engineer. The primary concern of Engineering Information-Report was printed on April 5, 1917. On January 1st, 1987, the acronym ENR was adopted because the title of the journal. The charts that comply with use information which are courtesy of ENR journal that’s printed 26 occasions a yr. Historic information was pulled from microfiche copies of the journal obtained from the New York Public Library. ENR journal is simply a small portion of the merchandise supplied by Engineer Information Report and we suggest readers, notably these with an curiosity in engineering and building, take the time to view the ENR web site to study extra at…
Concrete Sand costs are up +3.1% since final month and are up +50.81% over the previous twelve months rising at a fast clip to new file highs persevering with to be suffering from international provide shortages as does Masonry Sand (chart beneath). See Stanford geographer and environmental scientist Eric Lambin’s dialog on the sand scarcity disaster beneath.
Though Masonry Sand has not risen on the similar parabolic fee as Concrete Sand it nonetheless is up +2.1% month over month and +27% since final November.
The ENR 20-Metropolis Common Worth of Cutback MC800 Ashphalt Paving per/ton registered a brand new file excessive this summer time however the fee at which costs had risen is slowing. Costs stay up +3.7% over the previous 12 months.
The ENR 20-Metropolis Common Worth of Crushed Stone / Base course has marked a brand new excessive in November and is up+2.1% over final month and is up +22% since this time final yr.
After reaching a file excessive Portland Cement costs had skilled a shallow pullback in October however are hooking greater (up +0.7% MOM). Over the previous twelve months costs are up +14.40%.
Concrete Prepared Combine
With the rise in Concrete Sand costs so goes the value of Concrete Prepared Combine (though not on the similar fast tempo as a result of different aggregates are sometimes within the combine). The 20-Metropolis Common Pice of Prepared Combine Concrete fell barely this month (down -0.4%) however stays up +7.2% since final November.
The ENR 20-Metropolis Common Worth of Light-weight Concrete Block registered a brand new excessive three months in the past is up +9.39% over the previous twelve months.
The ENR 20-Metropolis Common Worth of 8” PVC Water Pipe notched one other new excessive this month and is up +29.89% since final November.
Bolstered Concrete Pipe
The parabolic rise in 36” Bolstered Concrete Pipe stays unabated up +2.2% since final month and (pardon the adjective) a “whopping” +41.6% over the previous twelve months.
Ductile Iron Pipe
The ENR 20-Metropolis Common Worth of 8” Ductile Iron Pipe additionally registered a brand new worth excessive this month. Over the previous twelve months it’s up +25.67%.
Copper Water Tubing
The ENR 20-Metropolis Common Worth of 1 1/2” Copper Water Tubing fee of change continues to drop and costs pulled again barely this month however nonetheless it’s up +18.32% since this time final yr.
Corrugated Metal Pipe
After a interval of static costs the 20-Metropolis Common of 36” Corrugated Metal Pipe Costs have marched to a brand new file excessive of $41.84 per/ft this month and are up +5.28% over the previous twelve months.
Knowledge is coutesy of Engineering Information Report
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The Market’s Compass will publish choose ENR building information charts by way of The Market’s Compass Substack Weblog each two to 3 weeks when new information is out there.