Welcome to the ninth Substack blog, focusing on building costs. The history of the Engineering News Record (ENR) dates back to 1874. The roots of this publication are his two separate publications, Engineer & Surveyor and The Plumber and Sanitary Engineer. The first issue of Engineering News-Record was published on April 5, 1917. On January 1, 1987, the acronym ENR was adopted as the title of the magazine. The chart below uses data provided by his ENR magazine, which is published 26 times a year. Historical data were extracted from microfiche copies of journals obtained from the New York Public Library. ENR magazines are just a small part of what Engineer News Record has to offer. Readers, especially those interested in engineering and construction, are encouraged to take the time to visit his ENR website to learn more.
As the following chart shows, the continued high cost of construction aggregates has hardly abated…
The 12-month volatility fell from over 50% to 33.47%, with the price retracing month-over-month, but continuing its parabolic move to news highs.
Masonry Sand price has increased 25.97% over the last 12 months.
concrete ready mix
Ready-mixed concrete prices accelerated again, higher than 12 months ago, up 8.57%.
After a temporary drop in the 20-city average price of Portland cement in the fourth quarter of last year, prices have ‘upped again’, rising 23.60% over the past 12 months.
The price of a tonne of crushed stone has fallen slightly month-on-month since April, but still rose 19.13% over the past 12 months.
The 20 city average price per tonne of cutback MC800 asphalt has started to rise again, up 7.09% from this time last year.
Light concrete block prices are on the rise again, increasing by 10.82% over the last 12 months.
Data courtesy of Engineering News Record
The charts are powered by Optuma, the company that makes charting software that allows anyone to visualize any data. To receive his 30-day trial version of the Optuma charting software, please visit the following link.
The Market’s Compass publishes select ENR construction data charts via The Market’s Compass Substack Blog every 1-2 weeks when new data is available.