Welcome to our 10th Substack blog focused on building costs. The history of the Engineering News Record (ENR) dates back to his 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.
https://www.enr.com/
The average price of stainless steel sheet in ENR 20 cities increased by +8.34% over the last 12 months. The largest share of this rise was +6.76% m/m in April-May.
“The price of the 6 Deep I Beam has hit another all-time high. The price is up +13.90% since this time last year.
After a price drop that began last August, the average price across Re Bar’s 20 cities is rising again. The 12-month rise and fall rate is +0.21%.
After the parabolic rise in aluminum sheet prices that began in May 2021 and ended in August last year, prices have fallen but appear to be trending upwards again. The price increased +1.76% over the last 12 months.
Data courtesy of Engineering News Record
The charts are provided by Optuma, which provides 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.