Tariff actions are not yet reflected in Feb PPI Inputs or PPI Final Demand index. Still early. Also remember, PPI does not include imports or tariffs on imports. When we do see movement in the PPI, it reflects domestic pricing decisions following on tariffs. Lutnick: “Foreign goods may become a little more expensive, but domestic … Continue reading →| Construction Analytics
Assessing the impact of tariffs on the cost of construction accurately has now become a nearly impossible task. Tariffs can be on PARTS used in the manufacture of goods. Who (architect?, engineer?) will identify which parts included in which products used in the building are subject to tariff? Is only 10% of the whole product … Continue reading →| Construction Analytics
Know what is included in an index Continue reading →| Construction Analytics
Construction Analytics updates the Construction Spending Forecast every month, usually publishing at least a Brief, every other month. The AIA Consensus solicits forecasts from 9 firms that prepare construction spending forecasts and publishes a Consensus Forecast every January and every June-July. The AIA Consensus reports only on nonresidential buildings. This table captures the percents growth … Continue reading →| Construction Analytics
It’s three years since my 2021 post summarizing what I knew about estimating software tasks. While no major new public datasets have appeared (there have been smaller finds), I have talked to lots of developers/managers about the findings from the 2019/2021 data avalanche, and some data dots have been connected.| The Shape of Code