Fast-rising materials and fuel costs have exaggerated the growth in some of these categories, especially highway construction.
More Quotes from Ken Simonson:
If a substantial percentage of the immigrants took the day away from work, that would have a noticeable impact on construction.Ken Simonson
This marks a real turn around for non-residential construction. I think we will see more real gains in 2005.
Ken Simonson
Today's report on construction spending shows the industry is hitting on all cylinders with strong, balanced growth.
Ken Simonson
They used to throw up houses and try to sell them. Now, they wait for a signed check before they break ground.
Ken Simonson
As was the case for most of the year, growth was well distributed among the major construction segments. Comparing December 2005 to December 2004, public construction grew 10, private residential construction rose 9.0, and private nonresidential was up 6.0. For the year, those categories increased 8.0, 11, and 5.0, respectively.
Ken Simonson
The demand for concrete has been outstripping supply for several years. We've become more steadily dependent on imports.
Ken Simonson
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