Articles by Ken Simonson

Lumber price drop reins in construction PPI, but diesel, cement, asphalt, gypsum soar
Aug. 15, 2005

Economics week of the 15th
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Transport, energy bills boost construction prospects but may worsen cement shortage
Aug. 8, 2005

Economics week of the 8th
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Construction shows vim in employment, value put in place, new orders, but also costs
Aug. 1, 2005

Economics week of the 1st
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GDP, Beige Book, McGraw-Hill reports point to strong economy, construction sector
July 29

Real (net of inflation) gross domestic product-the output of all goods and services produced by labor and property located in the U.S.-increased at a 3.4% seasonally adjusted annual rate in the second quarter, the Bureau of Economic Analysis (BEA) announced today.
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States, counties report strong gains in overall and construction jobs, housing, revenue
July 22

Seasonally adjusted nonfarm payroll employment increased in 43 states and the District of Columbia and decreased in seven states from May to June, the Bureau of Labor Statistics (BLS) reported today.
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PPI, CPI flatten; cement price, supply problems remain; factory, hotel markets improve
July 18

The producer price index (PPI) for finished goods was unchanged for the month of June, seasonally adjusted, and up 3.6% over the past 12 months.
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Construction outpaces overall job gain; good signs appear for several building types
July 8

Nonfarm payroll employment rose by 146,000 in June, seasonally adjusted, the Bureau of Labor Statistics (BLS) reported today. The unemployment rate dipped to 5% for the first time since September 2001.
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Home sales stay high; steel prices sink; BEA maps construction share of state income
June 26, 2005

Housing sales stayed at near-record levels in May, with higher median prices (price above which half the sales occurred) and continuing low inventories of unsold houses, a combination that implies further construction in the near term.
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Cement Shortage Fact Sheet

· A strong construction market pushed up consumption by 7% in 2004, while domestic production increased only 2%. It has been difficult to get zoning and environmental permits to expand production in the U.S.
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Aread Most Affected by Cement Shortages

cement shortage areas
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