However, the cost of cement may not be going down at all. A spokesman for an engineering firm told me:
"We have not heard of any decrease in concrete coming up – if anything it may continue to rise. I don’t know where City engineers are getting that info. It’s true that contractors are lowering some of their other costs – like profit – in order to be more competitive. The City is just as capable of building a data base and tracking the cost of materials, and unit prices. Maybe if they did they would be more realistic about budgets versus wish list. But then who knows who they call to check prices – some of their buddies - or legitimate businesses."The best that we can do right now is wait and re-visit this again in January.
The latest Portland Cement Association forecast of cement, concrete, and construction predicts a 12 percent decline in cement consumption in 2008, followed by another 6 percent drop in 2009. Consumption may be down but what about supply? With Jobe frantically supplying cement so that the border wall can be built, supply may remain fairly constant in our area. If so, prices will go up and not down.
Again, all we can do is wait a month and see.