FORECASTING CONSTRUCTION COSTS WITH COMMODITY FUTURES

The writers are suggesting the possiblity of forecasting the future cost of construction projects by employing commodity future quotes. The Construction Industry with its over $100 billion construction volume per year is highly volatile and future markets for materials employed in construction would contribute to the stability of construction costs. The time has come when commodity quotes can and will be employed more and more for estimating future construction costs. /Author/

• Corporate Authors:

  American Society of Civil Engineers

  345 East 47th Street
  New York, NY  United States  10017-2398
• Authors:
  • Lazar, B E
  • Getson, P
• Publication Date: 1977-9

Media Info

• Features: Appendices; Figures; References;
• Pagination: p. 381-386
• Serial:
  • Journal of the Construction Division
  • Volume: 103
  • Issue Number: CO3

Subject/Index Terms

• TRT Terms: Commodities; Construction; Construction industry; Costs; Forecasting; Stability (Mechanics)
• Uncontrolled Terms: Construction costs
• Subject Areas: Construction; Finance; Highways;

Filing Info

• Accession Number: 00165333
• Record Type: Publication
• Report/Paper Numbers: ASCE 13212 Proceeding
• Files: TRIS
• Created Date: Mar 14 1978 12:00AM