How is everyone enjoying this typical Louisiana summer? I mean, there aren't many places that make you sweat 32 seconds after walking outside. Take a look at our monthly overview for July and see whats coming up and whats going on!
What to Expect for Construction Costs in 2018
Earlier this year, we gave an industry consensus of the cost of materials and looked at the pace of growth for architectural and engineering services, labor, and other factors that influence the construction industry.
To get ahead of the market in 2018, we’ve decided to examine the cost of materials and give an industry consensus forecast for the upcoming year.
Overall Construction Costs in 2018
Overall construction costs are forecasted to increase an additional 2-3% in 2018, and that’s after what we’re expecting to be a 3% increase in 2017. Construction labor costs will lead these increases, which are forecasted to be in the 3-4% range in 2018. However, labor shortages continue to be a challenge for the industry due to a lack of skilled labor, stricter government policies around immigration, and the inability to recruit the younger generation.
“Expectations for future increases [of subcontractor rates] reached a five-year high; tightening labor market conditions combined with an uptick in activity are driving expectations of future rate increases,” said IHS Markit Principal Economist Emily Crowley. “Currently the U.S. South and West are having the most trouble finding workers leading to stronger wage escalation.”
2018 Material Cost Increase Expectations
Overall, material costs are forecasted to increase in the 2-3% range in 2018. Below, I’ve broken down the individual materials and what we expect for their cost increases to look like.
Besides labor and materials, crude oil is another important input to construction. Thus far in 2017, the cost of it has increased 12% reaching almost $50 per barrel (well below the 2010-2014 average price per barrel of $100). In 2018, we expect it to stabilize around $50 per barrel.
To see more details about what we are predicting construction costs will do in 2018, download the full U.S. 2018 forecast report.
See Building Solutions Story Here.
This month, we have a slideshow of the progress of one of MCC’s commercial projects. This will be a fitness center located in Turnberry Place in Baton Rouge. Turnberry Place is located right off of Bluebonnet Blvd and is only 12 minutes away from I-10.
July 4th-Independence Day
July 15th-National Ice Cream Day
July 22nd-Parents' Day
July 30th-International Day of Friendship
National Parks Month
National Picnic Month
UV Safety Month
US National Hot Air Balloon Competition
July 8th-15th, 2018
1 University Place,
Shreveport, LA 71115
Bikers on the Bayou
July 15th, 2018
104 Commercial Street,
Franklin, LA 70538
Cajun Music & Food Festival
July 20th-21st, 2018
7001 Gulf Hwy.,
Lake Charles, LA 70601
53rd Annual Louisiana Watermelon Festival
July 27th-28th 2018
100 E. Bayou St.,
Farmerville, LA 71241
Crab Stuffed Peppers with Lemon-Basil Butter
Prep Time: 10 mins
Cook Time: 35 mins
Total Time: 45 mins
Calories: 445 kcal
-1 teaspoon olive oil
-2 Serrano peppers sub in jalapenos for less heat
-1 small sweet onion chopped
-2 cloves garlic chopped
-8 ounces crab meat shredded
-5 ounces goat cheese
-1 cup shredded Parmesan cheese
-¼ cup Panko
-1 tablespoon Old Bay seasoning
-Salt to taste
-1 tablespoon dried basil
-4 large sweet peppers
-½ cup fresh chopped basil divided
-4 tablespoons butter
-Juice from half a lemon
-Heat a pan to medium heat and add olive oil. Add Serrano’s and onion and cook about 5 minutes to soften.
-Add garlic and cook another minute, until fragrant. Cool and add to a mixing bowl.
-Add crab meat, cheeses, Panko, Old Bay, salt, and about half of the fresh basil. Stir.
-Heat oven to 350 degrees.
-Slice each sweet pepper in half lengthwise and scoop out the innards.
-Stuff each pepper with the crab mixture and sprinkle with dried basil.
-Set onto a lightly oiled baking sheet. Bake 20-25 minutes.
-While stuffed peppers are baking, add butter, lemon juice and remaining basil to a small pot. Heat on low until butter melts. Swirl.
-Drizzle the Lemon-Basil Butter over the stuffed peppers and serve.
NOTE: You can also prepare these on the grill over indirect medium heat.
Heat Factor: Mild.
Find Other Recipes HERE.
Easy Cinnamon Roll Coffee Cake
Prep Time: 20 mins
Cook Time: 30 mins
Total Time: 50 mins
-½ cup butter, melted
-1 cup sugar
-3 cups flour
-2 tsp vanilla
-4 tsp baking powder
-¼ tsp salt
-1 ½ cups milk
-1 cup butter, melted
-1 cup brown sugar
-2 tbsp cinnamon
-2 cups powdered sugar
-5 tbsp milk
-1 tsp vanilla
-Preheat oven to 350 degrees F.
-In a large bowl, mix all the cake ingredients together until well combined.
-Pour into a greased 9x13 pan.
-For the topping, mix all the ingredients together in a small bowl until well combined.
-Spread evenly on the batter and swirl with a knife. Bake at 350 for 30-35 minutes.
-For the glaze, mix all the ingredients together in a small bowl until it is a consistency like pancake syrup.
-While warm, drizzle the glaze over the cake and it will set into a harder glaze.
-Serve warm or at room temperature.
See Other Recipes HERE.
10 Easy DIY Plant Stands
I recently had my back porch redone and have been looking to add a touch of color and life to the area. I plan on getting a number of plants to put out there, but who wants boring, normal looking pots?! The gallery below features some DIY planter stands & pots that will add some flair to your area while being super easy to do. Which is your favorite?
Find the original post and instructions: HERE.