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32. 1997 Economic Census





1189. Price and Cost Indexes for Construction

[1996=100. Excludes Alaska and Hawaii. Indexes of certain of these sources are published on bases different from those shown here]

 
NAME OF INDEX     1964 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999
 
U.S. Census Bureau Composite:
  Fixed-weighted 1 18.5 19.1 19.9 20.5 21.7 23.2 24.5 26.2 28.0 30.4 34.3 37.2 39.1 42.5 47.1 53.0 59.3 63.9 65.7 67.2 69.8 71.8 74.8 77.7 80.4 83.2 85.5 86.2 86.7 90.1 93.9 97.7 99.9 103.2 106.0 110.3
  Implicit price deflator 2 18.5 19.1 19.9 20.6 21.7 23.2 24.7 26.3 27.9 30.4 34.5 37.8 39.5 42.6 47.5 53.1 59.0 63.5 65.9 67.1 69.3 71.1 73.6 76.3 79.2 82.4 85.0 85.9 86.9 90.2 93.9 97.8 100.0 103.3 106.1 110.4
U.S. Census Bureau houses under construction: 3
  Fixed-weighted 18.0 18.6 19.5 20.1 21.3 22.6 23.2 24.5 26.2 28.8 31.7 34.5 36.7 41.1 46.2 52.1 58.0 62.1 63.3 65.1 68.1 69.8 73.4 76.8 79.5 82.2 84.6 84.8 85.8 90 94.1 98.1 100 102.9 105.6 110.4
  Price deflator 18.0 18.6 19.5 20.2 21.2 22.6 23.2 24.5 26.3 28.8 31.7 34.5 36.7 40.6 46.1 51.7 57.0 61.0 62.8 64.5 67 68.3 71.4 74.7 77.7 80.8 83.4 84.1 85.8 90 94 98.1 100 102.9 105.6 110.4
Federal Highway Administration, composite 4 19.7 20.5 21.5 22.5 25.3 28.5 30.2 31.5 31.6 34.8 47.5 47.6 46.1 49.0 58.0 70.1 79.7 77.2 72.5 71.8 75.9 83.6 82.9 82.0 87.4 88.3 88.9 88.1 86.1 88.8 94.3 99.8 100.0 107.5 105.2 112.7
Bureau of Reclamation composite 5 20 21 21 22 23 24 26 28 31 32 36 42 45 48 51 56 62 68 72 73 74 75 76 77 79 82 85 88 89 91 94 98 100 103 105 107
 
Turner Construction Co: Building construction 6 18 19 19 20 21 23 26 29 30 32 38 39 40 41 44 49 54 60 64 68 71 74 76 79 82 84 87 89 89 91 94 97 100 104 109 113
Engineering News-Record: 7
  Buildings 19.1 19.6 20.3 21.0 22.5 24.7 26.1 29.6 32.7 35.5 37.6 40.8 44.5 48.2 52.3 56.8 60.6 65.5 69.7 74.4 75.5 75.8 77.5 79.3 81.1 82.2 84.4 85.9 88.5 93.5 97.1 97.1 100.0 105.0 105.8 107.9
  Construction 16.6 17.3 18.1 19.0 20.5 22.6 24.6 28.1 31.2 33.7 35.9 39.3 42.7 45.8 49.4 53.4 57.6 62.9 68.0 72.3 73.7 74.6 76.4 78.4 80.4 82.1 84.2 86.0 88.7 92.7 96.2 97.3 100.0 103.6 105.3 107.8
 
Handy-Whitman public utility: 8
  Buildings 20 20 21 21 22 24 26 28 31 34 41 45 46 49 53 59 66 69 69 71 74 76 78 79 82 84 85 83 84 89 94 97 100 103 104 107
  Electric 9 19 19 20 21 22 23 24 26 28 30 36 42 44 47 50 55 60 66 69 71 73 74 74 75 80 84 86 88 89 92 95 98 100 102 104 105
  Gas 21 21 22 22 23 24 25 28 30 31 35 40 43 47 51 55 60 66 71 73 76 75 73 75 80 84 86 87 89 91 97 99 100 102 104 107
  Water 10 19 20 20 21 22 23 25 28 31 33 39 43 45 48 52 57 64 68 70 72 75 76 78 79 81 84 85 85 87 91 95 98 100 102 104 107
C.A.Turner Telephone Plant 11 29 30 32 33 34 36 39 40 41 44 51 53 56 59 63 70 79 80 82 79 76 77 76 77 78 85 87 87 87 89 90 96 100 102 102 101
 
PERCENT CHANGE FROM PRIOR YEAR
U.S. Census Bureau:
  Composite fixed-weighted 1 (NA) 3.2 4.2 3.0 5.9 6.9 5.6 6.9 6.9 8.6 12.8 8.5 5.1 8.7 10.8 12.5 11.9 7.8 2.8 2.3 3.9 2.9 4.2 3.9 3.5 3.5 2.8 0.8 0.6 3.9 4.2 4.0 2.3 3.3 2.7 4.1
  Implicit price deflator 2 (NA) 3.2 4.2 3.5 5.3 6.9 6.5 6.5 6.1 9.0 13.5 9.6 4.5 7.8 11.5 11.8 11.1 7.6 3.8 1.8 3.3 2.6 3.5 3.7 3.8 4.0 3.2 1.1 1.2 3.8 4.1 4.2 2.2 3.3 2.7 4.1
U.S. Census Bureau houses under construction: 3
  Fixed-weighted (NA) 3.3 4.8 3.1 6.0 6.1 2.7 5.6 6.9 9.9 10.1 8.8 6.4 12.0 12.4 12.8 11.3 7.1 1.9 2.8 4.6 2.5 5.2 4.6 3.5 3.4 2.9 0.2 1.2 4.9 4.6 4.3 1.9 2.9 2.6 4.5
  Price deflator (NA) 3.3 4.8 3.6 5.0 6.6 2.7 5.6 7.3 9.5 10.1 8.8 6.4 10.6 13.5 12.1 10.3 7.0 3.0 2.7 3.9 1.9 4.5 4.6 4.0 4.0 3.2 0.8 2.0 4.9 4.4 4.4 1.9 2.9 2.6 4.5
Federal Highway Administration, composite 4 (NA) 4.1 4.9 4.7 12.4 12.6 6.0 4.3 0.3 10.1 36.5 0.2 -3.2 6.3 18.4 20.9 13.7 -3.1 -6.1 -1.0 5.7 10.1 -0.8 -1.1 6.6 1.0 0.7 -0.9 -2.3 3.1 6.2 5.8 0.2 7.5 -2.1 7.1
Bureau of Reclamation composite 5 (NA) 5.0 0.0 4.8 4.5 4.3 8.3 7.7 10.7 3.2 12.5 16.7 7.1 6.7 6.3 9.8 10.7 9.7 5.9 1.4 1.4 1.4 1.3 1.3 2.6 3.8 3.7 3.5 1.1 2.2 3.3 4.3 2.0 3.0 1.9 1.9
 
Turner Construction Co: Building construction 6 (NA) 5.6 0.0 5.3 5.0 9.5 13.0 11.5 3.4 6.7 18.8 2.6 2.6 2.5 7.3 11.4 10.2 11.1 6.7 6.3 4.4 4.2 2.7 3.9 3.8 2.4 3.6 2.3 0.0 2.2 3.3 3.2 3.1 4.0 4.8 3.7
Engineering News-Record: 7
  Buildings (NA) 2.6 3.6 3.4 7.1 9.8 5.7 13.4 10.5 8.6 5.9 8.5 9.1 8.3 8.5 8.6 6.7 8.1 6.4 6.7 1.5 0.4 2.2 2.3 2.3 1.4 2.7 1.8 3.0 5.6 3.9 0.0 3.0 5.0 0.8 2.0
  Construction (NA) 4.2 4.6 5.0 7.9 10.2 8.8 14.2 11.0 8.0 6.5 9.5 8.7 7.3 7.9 8.1 7.9 9.2 8.1 6.3 1.9 1.2 2.4 2.6 2.6 2.1 2.6 2.1 3.1 4.5 3.8 1.1 2.8 3.6 1.6 2.4
 
Handy-Whitman public utility: 8
  Buildings (NA) 0.0 5.0 0.0 4.8 9.1 8.3 7.7 10.7 9.7 20.6 9.8 2.2 6.5 8.2 11.3 11.9 4.5 0.0 2.9 4.2 2.7 2.6 1.3 3.8 2.4 1.2 -2.4 1.2 6.0 5.6 3.2 3.1 3.0 1.0 2.9
  Electric 9 (NA) 0.0 5.3 5.0 4.8 4.5 4.3 8.3 7.7 7.1 20.0 16.7 4.8 6.8 6.4 10.0 9.1 10.0 4.5 2.9 2.8 1.4 0.0 1.4 6.7 5.0 2.4 2.3 1.1 3.4 3.3 3.2 2.0 2.0 2.0 1.0
  Gas (NA) 0.0 4.8 0.0 4.5 4.3 4.2 12.0 7.1 3.3 12.9 14.3 7.5 9.3 8.5 7.8 9.1 10.0 7.6 2.8 4.1 -1.3 -2.7 2.7 6.7 5.0 2.4 1.2 2.3 2.2 6.6 2.1 1.0 2.0 2.0 2.9
  Water 10 (NA) 5.3 0.0 5.0 4.8 4.5 8.7 12.0 10.7 6.5 18.2 10.3 4.7 6.7 8.3 9.6 12.3 6.3 2.9 2.9 4.2 1.3 2.6 1.3 2.5 3.7 1.2 0.0 2.4 4.6 4.4 3.2 2.0 2.0 2.0 2.9
C.A.Turner Telephone Plant 11 (NA) 3.4 6.7 3.1 3.0 5.9 8.3 2.6 2.5 7.3 15.9 3.9 5.7 5.4 6.8 11.1 12.9 1.3 2.5 -3.7 -3.8 1.3 -1.3 1.3 1.3 9.0 2.4 0.0 0.0 2.3 1.1 6.7 4.2 2.0 0.0 -1.0




NA Not available.
1 Weighted average of the various indexes used to deflate the Construction Put in Place series. In calculating the index, the weights (i.e., the composition of current dollar estimates in 1996 by category) are held constant.
2 Derived ratio of total current to constant dollar Construction Put in Place (multiplied by 100).
3 Excludes value of site.
4 Based on average contract unit bid prices for composite mile (involving specific average amounts of excavation, paving, reinforcing steel, structural steel, and structural concrete).
5 Derived from the four quarterly indexes which are weighted averages of costs of labor, materials, and equipment for the construction of dams and reclamation projects.
6 Based on firm's cost experience with respect to labor rates, materials prices, competitive conditions, efficiency of plant and management, and productivity.
7 Building construction index computed on the basis of a hypothetical unit of construction requiring 6 bbl. of portland cement, 1,088 M bd. ft. of 2" x 4" lumber, 2,500 lb. of structural steel, and 68.38 hours of skilled labor. General construction index based on same materials components combined with 200 hours of common labor.
8 Based on data covering public utility construction costs in six geographic regions. Covers skilled and common labor.
9 As derived by U.S. Census Bureau. Covers steam generation plants only.
10 As derived by U.S. Census Bureau. Reflects costs for structures and improvements at water pumping and treatment plants.
11 Computed by the Census Bureau by averaging the weighted component indexes published for six geographic regions.

Source: U.S. Census Bureau, Current Construction Reports, Value of Construction Put in Place, Series C30. Also in U.S. International Trade Administration, Construction Review, quarterly.

http://www.census.gov/pub/const/C30/indexes.html



https://allcountries.org/uscensus/1189_price_and_cost_indexes_for_construction.html

These tables are based on figures supplied by the United States Census Bureau, U.S. Department of Commerce and are subject to revision by the Census Bureau.

Copyright © 2006 Photius Coutsoukis and Information Technology Associates, all rights reserved.