Archive for February, 2010
With the start of 2010 come indications of economic recovery and notable growth during the first quarter. Last month the industry reached a six-month high in housing starts, with the annual rate of new homes rising 2.8% to a total of 591,000 units. According to the Federal Reserve, January brought a 0.9% increase in industrial [...]
The most recent housing report issued by the U.S. government shows a 2.8% rise in housing starts, totaling a seasonally adjusted 591,000 units. There has yet to be such a positive report since the summer of last year. Multi-family starts accounted for 18% of the 591,000 January housing starts, representing a 9.2% increase for the [...]
Posted on 17. Feb, 2010 by KWA.
The most recent producer price index (PPI) points to a jump in the cost of construction materials in the first quarter of 2010. More specifically, November’s index indicates a rise in copper and brass mill shapes, steel mill products, and insulation materials. “Public agencies and private owners contemplating construction projects should treat the PPI figures [...]