Welcome to our Substack Blog that focuses on construction costs. Engineering News Record (ENR) history that can be traced back to 1874. The publication has its roots in 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 1st, 1987, the acronym ENR was adopted as the title of the magazine. The charts that follow use data that are courtesy of ENR magazine that is published 26 times a year. Historical data was pulled from microfiche copies of the magazine obtained from the New York Public Library. ENR magazine is only a small portion of the products offered by Engineer News Record and we recommend readers, particularly those with an interest in engineering and construction, take the time to view the ENR website to learn more at…
Construction Metal Prices
Although the parabolic rise in I Beam price had begun to slow it nonetheless has notched a new high and is up 10.11% since last August.
Stainless Steel Sheet
The ENR 20-City Average Price of 16-Gauge Stainless Steel Sheet has pulled back from the May highs. It is now up 5.41% over the past 12 months through August.
Re Bar prices have spiked higher since the end of March, and notching a new all time high in August and is up + 5.24% since this time last year.
Aluminum Sheet prices are one of few construction material prices that has contracted over the past twelve months by being down -5.28% over the past 12-months. LME Aluminum prices are down more than -22% since the January highs.
Concrete Ready Mix
Ready Mix Concrete prices are churning sideways since the Q2 spike higher leaving the ENR 20-City average price up +9.98 since last September.
After a brief shallow pullback the ENR 20-City Average Price of Lightweight Concrete Block has spiked to a new all time high and is up +21.98 since last September.
Another new high this month in the ENR-20-City Average Price of Crushed Stone and it is up +35.07% since September of last year.
The per/ton price of Asphalt Paving has continued its grind higher. The 20-City Average price is up 9.06% since this time last year.
The price of Portland Cement eked out a new record high over last month and is up +20.54% over the past 12 months.
The only word to describe the price action in Masonry Sand is that it continues in its parabolic move higher marking a +49.47% gain since September of last year.
Although the tweve month rate of change in Concrete Sand is not as extreme as Masonry Sand it nonethe less has also “gone parabolic” and is up +42.97% over the past twelve months.
Data is courtesy of Engineering News Record
Charts are courtesy of Optuma whose charting software enables anyone to visualize any data. To receive a 30-day trial of Optuma charting software go to
The Market’s Compass will publish select ENR construction data charts via The Market’s Compass Substack Blog when new data is available.
Published at Thu, 07 Sep 2023 16:00:37 +0200