V O L . X X V N O. V I I I
A P R I L 1 5 , 2 0 1 9 24
P H O T O / T I M G R E E N WAY
R E A L E S TAT E / C O N S T R U C T I O N / D E S I G N F O C U S
Nathan Szanton, president of Szanton Co., and
Amy Cullen, the firm's development officer, at the
site where the company will be develop affordable
housing in Bayside in Portland.
S O U R C E : Equipment Finance Advisor, www.equipmentfa.com
RISING COSTS OF CONSTRUCTION MATERIALS, NOV. 2017 – NOV. 2018
Fabricated structural
metal for bridges
Metal bar joists
and rebar
Aluminum mill shapes
Structural metal for
nonindustrial buildings
Fabricated
structural metal
Iron and steel scrap
+ 5.5%
+ 5.9%
+12.0%
+12.6%
+13.1%
+19.8%
Total input costs for overall construction by sector
(Excluding capital investment, labor and imports)
Industrial Nonresidential Residential Highway and street
+4.2% +4.9% +4.8%
+6.2%
Diesel fuel: +19.5%
Asphalt: +57.6%
Construction companies grapple with spiking costs
PRICING
NIGHTMARE
B y M a u r e e n M i l l i k e n
