Prices for inputs to construction industries expanded 0.2 percent in June after increasing 1.1 percent in May. Year-over-year prices were down 2.2 percent in June and prices have not increased on an annual basis for the past seven months. The last time this occurred was the third and fourth quarter of 2009 when the global economy was still reeling from the financial crisis; however, June’s year-over-year decline in construction input prices was the smallest of 2015. Prices of inputs to nonresidential construction industries rose 0.3 percent on a monthly basis, but are down 3.6 percent on a yearly basis.
Source: Window & Door
Many window and door makers and others in the fenestration industry are at full capacity this summer and strategizing how to meet strong demand now and with what could be sustained growth, according to attendees of the 13th annual FeneVision ERP User Conference. The conference hosted 83 participants, a conference record, with people coming from 26 states and provinces and five countries. Half of the 42 companies represented at the conference were window and door manufacturers and half glass fabricators.
Construction input prices dipped 1.4 percent during the final month of 2014 and are down nearly 1 percent on a year-over-year basis, according to the Jan. 15 producer price index release from the U.S. Department of Labor. Inputs to nonresidential construction fell even farther, down 1.7 percent for the month and 1.9 percent year over year. December’s report marks the sharpest decline in input prices since late 2008 during the global financial crisis and the fifth consecutive month construction materials prices have failed to rise.
Source: Southern Forest Products Association By Richard Wallace
Exports of Southern Pine lumber to China are soaring, thanks to promotional efforts funded by the USDA’s Market Access Program (MAP).
Southern Pine lumber exports to China are expected to reach $54 million this year, a ten-fold increase since the U.S. wood products industry began promoting this species, grown in the southeastern United States. Meanwhile, Chinese demand for pressure-treated Southern Pine lumber, a key value-added item produced in the U.S., is forecasted to reach $15 million this year, an all-time sales record and 245% above levels five years ago.
Overall, construction materials prices inched higher in July and are up 2 percent year over year, according to the Aug. 15 producer price index (PPI) release by the U.S. Department of Labor. Nonresidential construction materials prices were flat for the month and are just 1.4 percent higher than at the same time one year ago.
Overall construction materials prices remained flat in May but are up 1.6 percent year over year according to the June 13 Producer Price Index release supplied by the U.S. Department of Labor. Nonresidential construction materials prices fell 0.2 percent for the month but are 1.3 percent higher than at the same time one year ago.
Construction materials prices expanded 0.5 percent in March and are up 1.1 percent from March of last year, according to the U.S. Department of Labor’s April 11 producer price index release. Nonresidential construction materials prices are up 0.4 percent for the month and are 1 percent higher than the same time one year ago.
Source: USGlass News Network by Carl Levesque
With glass performance for energy efficiency being comparable in the U.S. and Europe, window frames on this side of the Atlantic have been eyed as underperforming on the U-value front as compared to those in Europe. But the reason for—and even the very premise of underperformance—is complicated, say experts.