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Letter "K" » Ken Simonson Quotes
«I still expect construction to be adding jobs but at a more modest pace.»
Author: Ken Simonson
«There's plenty of cement worldwide, but in the U.S., cement production capacity has leveled off and no one is building more plants.»
Author: Ken Simonson
«I think we're in for a prolonged period in which construction materials costs are going to rise more rapidly than consumer costs.»
Author: Ken Simonson
«As was the case for most of the year, growth was well distributed among the major construction segments. Comparing December 2005 to December 2004, public construction grew 10%, private residential construction rose 9.0%, and private nonresidential was up 6.0%. For the year, those categories increased 8.0%, 11%, and 5.0%, respectively.»
Author: Ken Simonson
«Availability is going to be even more of a problem in 2006 than it was in 2005. In 2005 you had spot shortages. In 2006, nonresidential construction is growing and capacity is not expanding to meet those needs.»
Author: Ken Simonson
«Today's report on construction spending shows the industry is hitting on all cylinders with strong, balanced growth.»
Author: Ken Simonson
«On a two-month basis, there were several segments that showed exceptional growth. Shopping center construction leaped 61%, after swelling nearly 40% in 2005 and 25% in 2004. Hospital construction grew 22%, while manufacturing and commercial warehouse construction climbed 20%. The previously lackluster office segment was up 18%.»
Author: Ken Simonson
«The finance and services sectors reported the highest expectations for capital spending, especially on computers and communications equipment.»
Author: Ken Simonson
«It's an eerie challenge. You don't want to leave the roof uncovered in a place like that.»
Author: Ken Simonson
«Oil and natural gas prices have fallen sharply from their post-hurricane highs. However, production from the Gulf of Mexico is still down by more than 15 percent, keeping supplies tight. As of mid-March, the national average retail price of diesel fuel was around $2.55 per gallon, 60 cents below the record set after Rita but 35 cents (16 percent) higher than a year ago.»
Author: Ken Simonson

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