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Home / Focus / Real Estate & Construction June 2006 / Construction costs outpace inflation (access required)

Construction costs outpace inflation (access required)

Construction material costs are outrunning producer prices, an economist says. “Get used to higher materials cost inflation,” Ken Simonson, chief economist for the Associated General Contractors of America (AGC), stated in a press release. Mr. Simonson commented in Washington D.C. after the Bureau of Labor Statistics issued its report on the producer price index (PPI) for May. Overall, ...

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The Blizzard of 1916 (access required)

This is Main Street in Bisbee on January 21, 1916, the day after the biggest snowfall in city history. The storm began on January 19 with heavy winds that tore off roofs in the Warren District. The wind abated, the sky cleared briefly—then it began to rain. The streets soon ran like rivers. The sky cleared again in the afternoon, but by 5 p.m. snow began to fall, increasing throughout the night until by morning all of southern Arizona from Benson to the Mexican border was blanketed.