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Articles by Ken Simonson

Construction contracts flat in April; home sales rise

June 3, 2003
New construction contracts, seasonally adjusted, were essentially unchanged from March to April, McGraw-Hill Construction Dodge reported .
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CONSTRUCTION NEWS:<br>Current Construction Data, Indicators for Near Term Tell Tale of Two Industries, AGC Economist Says

June 1, 2003
"Numerous reports today tell a tale of two industries-housing and nonresidential construction-heading in opposite directions," said Kenneth D. Simonson, chief economist for the Associated General Contractors of America.
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April industrial production, retail sales, housing starts slip; permits rise

May 29, 2003
Housing starts slid 7 percent, seasonally adjusted, from March to April but remained 3 percent higher than in April 2002, the government reported recently.
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Tax bill passes; rate cuts, depreciation, state grants may aid construction

May 29, 2003
Congress recently passed the "Jobs and Growth Tax Relief Reconciliation Act of 2003," which contains immediate reductions in individual tax rates, depreciation, dividends and capital gains, and also sends $10 billion to states and local governments.
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Buoyant Housing Market Keeps Construction Afloat

May 5, 2003
"A remarkably buoyant residential market kept construction afloat again in March," said Kenneth D. Simonson, chief economist for the Associated General Contractors of America
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March Employment Dives Overall But Construction Rises

April 7, 2003
February's job loss was revised upward from an already huge 308,000 to 357,000.
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Cross-Cutting Trends Are Apparent, AGC Economist Says

April 1, 2003
Construction Put in Place Nearly Matches Prior Month and Year-Ago Levels
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March 17th: PPI jumps again but not for construction.

March 17, 2003
PPI jumps again but not for construction.
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NEW! The Federal Reserve's 'Beige Book' Summary

March 5, 2003
Summary plus Real Estate and Construction-Related Excerpts from the Fed's Jan. 15 "Beige Book"
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Monday, March 3rd<br>Value Of Construction Put In Place Hits Record

March 3, 2003
January's "value of construction put in place" jumped to a record seasonally adjusted annual rate of $878 billion.
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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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In the March issue of Plumbing & Mechanical, read about the 'living in place' movement and learn how to make your space stylish and comfortable. PM catches up with MCAA president Chuck Fell and spoke with him about his goals for the year. Also in this issue, see the top products of 2013, see who is the March Truck of the Month, and read the latest Tool Tips.
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