No. 1146. PRICE AND COST INDEXES FOR CONSTRUCTION AND SELECTED COMPONENTS OF CONSTRUCTION: 1955 to 1972 [Excludes Alaska and Hawaii, except as noted. Indexes of certain of these firms are published on bases different from those shown here. See Historical Statistics, Colonial Times to 1957, series N 85-102, for construction cost indexes on a 1947-49 base] 2 Covers materials incorporated as integral part of a building or normally installed during construction and not readily removable. Excludes consumer durables, such as kitchen ranges, refrigerators, etc. Beginning 1965, applies to Alaska and Hawaii. Source: U.S. Bureau of Labor Statistics, unpublished data. Based on minimum wage rates agreed upon through collective bargaining; excludes overtime. As of July 1. Source: U.S. Bureau of Labor Statistics; Union Wages and Hours: Building Trades, annual. Covers both building and nonbuilding construction, excluding maintenance and repair. Represents a weighted average of various indexes used for different types of construction. Based on average contract unit bid prices for composite mile (involving specific average amounts of excavation, paving, reinforcing steel, structural steel, and structural concrete). Average for 30 cities of 4 types of buildings: Wood-frame, brick-wood frame, brick-steel frame, and reinforced concrete. Covers materials and labor costs in structural portion of buildings but excludes those for plumbing, heating, lighting, sprinklers, and elevators. Reflects employee-benefit costs, and allows for contractors' overhead and profit. 7 Average of 20 cities for types shown. Weights based on surveys of building costs. Wage rates used for both common and skilled labor. Reflects payment of sales taxes and social security payroll taxes. Unweighted averages from Boeckh series prepared by U.S. Bureau of the Census. Building construction index computed on basis of 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. Eastern cities. Based on firm's cost experience with respect to labor rates, materials prices, competitive conditions, efficiency of plant and management, and productivity. Reflects payment of sales taxes and employeebenefit costs. 10 Based on data covering public utility construction costs for 95 items in 6 geographic regions. Covers skilled and common labor; does not reflect tax payments nor employee-benefit costs. 11 As derived by U.S. Bureau of the Census; covers steam production plants only; excludes hydraulic plants. Source: Except as noted, U.S. Bureau of the Census. In U.S. Bureau of Domestic Commerce, Construction Review. No. 1147. Price Indexes-Value of Construction 679 CONSTRUCTION MATERIALS-INDEXES OF WHOLESALE PRICES: 1960 TO 1972 [1967=100. Prior to 1965, excludes Alaska and Hawaii. For discussion of wholesale price index, see text, p. 345] NA Not available. 1 See footnote 2, table 1146. 28d common. 3 Includes brass fittings. Excludes refractories. Source: U.S. Bureau of Labor Statistics, Wholesale Prices and Price Indexes, monthly and annual. No. 1148. CONSTRUCTION CONTRACTS-VALUE OF CONSTRUCTION AND FLOOR SPACE OF BUILDINGS, BY CLASS OF CONSTRUCTION: 1960 TO 1972 [Value in millions of dollars; floor space in millions of square feet. Prior to 1970, excludes Alaska and Hawaii. Includes new structures and alterations to existing structures (both value and floor area), and major alterations to existing structures which affect only valuation, since there is no additional floor area created by an "alteration" project] X Not applicable. Excludes floor space of public works and utilities, data for which are not available. Source: F. W. Dodge Division, McGraw-Hill Information Systems Company, New York, N.Y. In Dodge No. 1149. CONSTRUCTION CONTRACTS-VALUE, BY STATES: 1960 to 1972 [In millions of dollars. See headnote, table 1148. Represents value of construction in States in which work was actually done] Source: F. W. Dodge Division, McGraw-Hill Information Systems Company, New York, N.Y. Figures reported currently in Dodge Construction Potentials. Expenditures Single Family Housing 681 No. 1150. EXPENDITURES BY RESIDENTIAL PROPERTY OWNERS FOR IMPROVEMENTS AND MAINTENANCE AND REPAIRS: 1965, 1970, AND 1972 NA Not available. 1 Includes types of expenditures not separately specified. No. 1151. SINGLE-FAMILY HOUSING CONSTRUCTION-COST OF MATERIALS AND LABOR REQUIREMENTS: 1962 AND 1969 [Cost in dollars; labor requirements in man-hours. Includes only privately owned, conventionally built units. Based on sample; for details of methodology, see source. "N.e.c." means not elsewhere classified] Source: U.S. Bureau of Domestic Commerce, Construction Review, and U.S. Bureau of Labor Statistics, Monthly Labor Review. No. 1152. NEW HOUSING UNITS AUTHORIZED-NUMBER AND VALUATION, BY STATES: 1968 TO 1972 [Housing units in thousands; value in millions of dollars. Includes public housing contract awards. Based on a U.S. total of approximately 13, 000 places having local building permit systems] United States. 1,387.8 1,353,7 1,384. 0 1,953,2 2,149.7 18,799 19,045 19,664 28,771 34,631 1 The relative standard error of the estimate of total private housing units authorized in permit places is lemer than 5 percent for all States except as follows (in percent): N.H., R.I., S. Dak., 6; Kans., Ark., 7; Maine, 9; Vt., 10: N. Dak., Idaho, 16; W. Va., 20; Mont., 24. Source: U.S. Bureau of the Census, Construction Reports, series C40 annual issue. |