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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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This is Tombstone’s Oriental Saloon, photographed in the 1930s after its conversion for use as a drug store.

The Oriental Saloon (access required)

Owned by Jim Vizina, its bar and restaurant rented to Cochise County Supervisor M.E. (Milt) Joyce, the Oriental was considered Tombstone’s finest saloon. “Last evening,” ...