Price and Cost Indexes for Construction statistics


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

http://www.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.