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Articles by Ken Simonson

PPI growth slows but steel prices soar again; cement supplies and prices vary

August 13, 2004
The producer price index (PPI) for finished goods rose 0.1% in July, seasonally adjusted, the Bureau of Labor Statistics (BLS) reported today, as the steepest drop in food prices in a decade (-1.6%) virtually canceled out the impact of a 2.3% jump in energy prices.
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BEA, McGraw-Hill, Fed report mixed construction activity; cement shortages spread

August 9, 2004
Real (net of inflation) gross domestic product grew at a 3% seasonally adjusted annual rate from the first quarter to the second, the Bureau of Economic Analysis (BEA) reported.
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Employment inches higher overall and for construction; orders climb but so do prices

August 9, 2004
Nonfarm payroll employment inched up 32,000 (0.02%), seasonally adjusted, in July, the Bureau of Labor Statistics (BLS) reported.
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Construction materials costs climb; Beige Book, Manpower surveys show optimism

June 25, 2004
The producer price index for finished goods (PPI) advanced 0.8% in May, seasonally adjusted, the Bureau of Labor Statistics (BLS) announced.
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Industrial production slips overall but rises for construction items; building permits up

April 20, 2004
Building permits, a reliable indicator of near-term housing construction, rose at a 1.9% seasonally adjusted annual rate from February to March
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Many sources report steep price increases; output, job growth appear widespread

April 19, 2004
Construction was one of five industries reporting the highest rates of business activity, inventory increases, and price increases.
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GDP, McGraw-Hill data show investment in structures slowed in 4th quarter, December

February 1, 2004
The value of new construction contracts signed in December dropped 2% to a $533 billion SAAR, McGraw-Hill Construction reported Thursday.
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Construction employment climbs in December; broader economy appears to slow

January 9, 2004
Construction employment rose for the 10th straight month, by 14,000 to 6,873,000, breaking the record set in March 2001.
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Construction climbs in November despite nonresidential drop; manufacturing gains

January 5, 2004
The value of construction put in place reached $934.5 billion at a seasonally adjusted annual rate in November, the Census Bureau announced.
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BNP Media's Plumbing Group Visits Grundfos North American Headquarters

BNP Media’s Plumbing Group, comprised of the Plumbing & Mechanical, Supply House Times, PM Engineer (pme) and Reeves Journal brands, recently visited Grundfos’ new North American headquarters building in the western Chicago suburb of Downers Grove, Ill.

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