MATERIALS & COMMODITIES

Washington, DC - US futures rose on Monday, attempting to recover from last week's massive losses, which saw the S&P 500 post its worst performance since June and the Nasdaq post its worst performance since July. Traders continue to analyze evidence of slowing growth in the face of the spread of the coronavirus delta variant, uncertainty…

Bylt Construction News Alert Economic Data Reporting Release Dates Wednesday, September 9, 2021 MBA 30-Year Morgage Rate - Previous 3.03%MBA Mortgage Applications - Previous -2.4%IBD/TIPP Economic Optimism - Previous 53.6JOLTs Job Openings For July - Previous 10.073M , Forecast 9.9MAPI Crude Oil Stock Change - Previous -4.045M …

Milford, Connecticut - As construction budgets have blown up the past year and half we are releasing details on a new cost modeling and value-engineering investigatory report performed by AGGRECOST™ . The modeled construction project was a affordable multi-family housing project commissioned by CHFA (Connecticut Housing Finance Authority)…

On Thursday, August 12, the US Bureau of Labor Statistics published its Consumer Price Index (CPI) and Producer Price Index (PPI) reports for July 2021. The high inflation currently experienced in the US is not evenly distributed among all products and services. The latest price increases can be attributed in great part to the energy industry,…

Washington D.C., United Stated Of America- Lumber prices continue on a volatile summer downward trend, reaching $490 this morning for September deliveries. This would translate into wholesale price levels of forward priced projects of $550-650 and in addition plywood panels have been trading at the $850 range or near a $1000-1200 wholesale forward…

US imports of stone, sand, cement and lime reached $661.41 million in June 2021, according to Trading Economics. This represents a 2% increase with respect to May, with $648 million imported. So far, March has been the month with the highest imports of these materials in 2021, reaching $690.39 million. The US Geological Survey has already…

Efforts to reduce emissions from cities have been focused on transportation and building energy consumption. However, it is likely that asphalt emissions are being underestimated or even ignored, according to a 2020 study published in the Science Advances journal. The global demand for liquid asphalt is 122.5 million metric tons per year, and 27…

Commodity markets have been influenced by major decisions from the two largest economies in the world - USA and China - and also by concerns about the Delta variant. In this article, we will discuss the short-term outlook for industrial metals that are relevant for construction, and also precious metals. Copper Copper futures had been…

United States of America- So far this year, the Maine Department of Transportation has rejected bids on at least 15 projects because the contractors' bids were significantly higher than the department's budget. Maine DOT has canceled 17 percent of its paving projects for the year as inflation ate sustainability out of production to cost ratio.…