Volume 48, Issue 2- February 2013
Index Continues to Increase
The Dodge Momentum Index rose 3.2 percent in December, according to the latest report from McGraw-Hill Construction. The December gain brought the index to 94.9 (2000=100), up from November’s revised 91.9. After displaying an upward trend during the first seven months of 2012, the index settled back from August through October, and then stabilized in November.
The December rebound brings the index close to the 95.4 reached in July, which was the highest reading reported during 2012.
Flat Glass Prices Down Slightly
While flat glass prices dropped, the cost of construction materials rose .3 percent from November to December, continuing an upward slide. The price of construction materials had risen 0.1 percent from October to November and September to October, and 0.3 percent from August to September.
The import price for glass and glassware dropped 0.2 percent from November to December, following a 0.2-percent rise from October to November, according to the December Import and Export Price Indexes. The export price for the same remained stable with no changes from November to December, following a 0.1-percent increase from October to November. Import/Export Price Changes for Glass November to December 2012 Imports -0.2 percent Exports 0.0 percent Source: U.S. Department of Labor (DOL) Bureau of Labor Statistics
ABI Sees Positive Conditions for all Sectors
Construction Industry Gets Back to Work
Nonresidential specialty trade contractors:
Residential building construction:
Residential specialty trade construction: