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4Q Cost Report: Sub-Prime Cost Ripple Effect

Publication Date: 17-DEC-07
Format: PDF

    
Description:

The fallout from the growing financial crisis triggered by the nation's sub-prime mortgage debacle will spread into the industry's construction cost indexes in 2008. The lingering recession in housing will undercut lumber and cement prices. Steel prices will slip as a credit crunch dampens enthusiasm in the nonresidential building markets. With prices falling, inflation will take a step back.

Articles:

• Forecast: Inflation Bows to Sub-Prime Crisis
• International: Inflation Cools in China, West Europe, U.S.
• Eastern Europe: EU Membership Bring New Cost Challenges
• Canada: Oil Sands Boom Extracts Toll on Costs

Data Tables:

• ENR's 2008 Cost Forecast
• Materials Price Inflation Through 2008
• U.S. Cement Consumption Forecast
• Construction Materials Price Movement in 2007
• Builders' Construction Cost Indexes
• International Price Trends
• Building Cost Forecast 2008
• Building Inflation
• World Labor Rates
• International Commercial and Industrial Building Costs
• International Material Prices
• International Residential and Retail Building Costs
• Industrial Building Purchasing Parities/Index
• Montreal Cost Indexes from 1995-2007
• Toronto Cost Indexes from 1995-2007

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