Engineering News Record Materials Price Index, Building Cost Index, and Construction Metals Prices
Aluminum Sheet, Stainless Steel, I Beams, and ReBar
Engineering News Record (ENR) history that can be traced back to 1874. The publication has its roots in two separate publications, Engineer & Surveyor and The Plumber and Sanitary Engineer. The first issue of Engineering News-Record was published on April 5, 1917. On January 1st, 1987, the acronym ENR was adopted as the title of the bi-weekly magazine. The charts that follow use data that are courtesy of ENR magazine that is published 26 times a year. Historical data was pulled from microfiche copies of the magazine obtained from the New York Public Library. ENR magazine is only a small portion of the products offered by Engineer News Record and we recommend readers, particularly those with an interest in engineering and construction, take the time to view the ENR website to learn more at…https://www.enr.com/
ENR Materials Price Index
The ENR Materials Cost Index rose +2% this month to a new record high and is up +6.53% from this time last year.
ENR Building Cost Index
The ENR Building Cost Index also notched a new high and is up +1.2% versus the previous month and +4.09% relative to year ago level.
Aluminum Sheet
The ENR 20-City Average Price of Aluminum Sheet is up +3.3% MoM and +24.08% from this time last year.
Stainless Steel
The ENR 20-City Average Price of 16 Guage Stainless Steel Sheet rose to a new high in May from April, up +1.9% to 374.01 and up +11.90% YoY.
I Beams
The 20-City Average Price of 6” Deep I Beams rose +3.2% last month (also to a record price high) and is up +10.05% from this time last year.
Re Bar
Although the ENR 20-City Average Price of Re Bar is still below the September 2004 price level, it nonetheless is quickly catching up and rose +3.2% in May and is up 7.76% from twelve months ago.
Data is courtesy of Engineering News Record
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