price index in construction

简明释义

建筑业价格指数

英英释义

A price index in construction is a statistical measure that reflects the relative changes in the prices of construction materials, labor, and other related expenses over time.

建筑价格指数是一个统计指标,反映建筑材料、劳动力及其他相关费用随时间变化的相对价格变动。

例句

1.Contractors often refer to the price index in construction 建筑价格指数 when bidding for new jobs.

承包商在竞标新工作时经常参考建筑价格指数 price index in construction

2.A significant increase in the price index in construction 建筑价格指数 can affect housing affordability.

建筑价格指数 price index in construction 的显著上升可能会影响住房的可负担性。

3.The government uses the price index in construction 建筑价格指数 to adjust funding for infrastructure projects.

政府利用建筑价格指数 price index in construction 来调整基础设施项目的资金。

4.The latest report shows that the price index in construction 建筑价格指数 has risen by 5% this quarter.

最新报告显示,建筑价格指数 price index in construction 本季度上涨了5%。

5.Investors are closely monitoring the price index in construction 建筑价格指数 to make informed decisions about new projects.

投资者正在密切关注建筑价格指数 price index in construction,以便对新项目做出明智的决策。

作文

The construction industry plays a vital role in the economic development of any country. It is not only responsible for creating infrastructure but also for generating employment and contributing to the overall GDP. One of the key metrics used to assess the health and trends of the construction sector is the price index in construction. This index provides valuable insights into the changes in costs associated with building materials, labor, and other related expenses over time.To understand the significance of the price index in construction, we first need to define what it measures. Essentially, it is a statistical measure that tracks the average change in prices paid by contractors for a basket of goods and services used in construction projects. This includes everything from concrete and steel to plumbing fixtures and electrical wiring. By monitoring these prices, stakeholders can gauge inflationary pressures within the industry and make informed decisions regarding budgeting and project planning.For instance, if the price index in construction shows a significant increase, it may indicate rising costs that could impact the overall budget of a construction project. This could lead to higher bids from contractors, which may in turn affect the feasibility of certain projects. On the other hand, a stable or declining index might suggest a more favorable environment for construction, allowing for more competitive pricing and potentially increasing the number of projects initiated.Moreover, the price index in construction is crucial for policymakers and economists. By analyzing trends in the index, they can better understand the economic conditions affecting the construction sector. For example, during periods of economic growth, demand for construction often increases, leading to higher prices. Conversely, during economic downturns, reduced demand can result in lower prices. Thus, the index serves as a barometer for the broader economy, reflecting both current conditions and future expectations.In addition to its economic implications, the price index in construction also has social ramifications. Rising construction costs can lead to increased housing prices, making it more difficult for individuals and families to afford homes. This can exacerbate issues related to housing affordability and accessibility, particularly in urban areas where demand is high. Therefore, understanding the dynamics of this index is essential for addressing social challenges related to housing.Furthermore, the price index in construction is often utilized by businesses within the industry for strategic planning. Construction companies can use the data from the index to forecast future costs and adjust their pricing strategies accordingly. This allows them to remain competitive while also ensuring that they maintain healthy profit margins. Additionally, suppliers of construction materials can benefit from the index by aligning their production and inventory strategies with anticipated market trends.In conclusion, the price index in construction is a critical tool for understanding the economic landscape of the construction industry. It provides insights into cost trends, informs decision-making for stakeholders, and highlights the social implications of construction costs. As the industry continues to evolve, keeping a close eye on this index will be essential for navigating the complexities of construction economics and ensuring sustainable growth in the sector.

建筑行业在任何国家的经济发展中发挥着至关重要的作用。它不仅负责创造基础设施,还为创造就业机会和对整体GDP的贡献做出了贡献。评估建筑部门健康状况和趋势的关键指标之一是建筑价格指数。该指数提供了有关建筑材料、劳动力和其他相关费用随时间变化的宝贵见解。要理解建筑价格指数的重要性,我们首先需要定义它所测量的内容。基本上,它是一个统计指标,跟踪承包商为建筑项目中使用的一篮子商品和服务支付的平均价格变化。这包括从混凝土和钢材到管道装置和电气布线的所有内容。通过监测这些价格,利益相关者可以评估行业内的通货膨胀压力,并做出有关预算和项目规划的明智决策。例如,如果建筑价格指数显示出显著增长,这可能表明成本上升,可能会影响建筑项目的整体预算。这可能导致承包商的投标更高,从而可能影响某些项目的可行性。另一方面,稳定或下降的指数可能表明建筑环境更为有利,从而允许更具竞争力的定价,并可能增加启动的项目数量。此外,建筑价格指数对政策制定者和经济学家至关重要。通过分析该指数的趋势,他们可以更好地理解影响建筑部门的经济条件。例如,在经济增长期间,建筑需求通常增加,导致价格上涨。相反,在经济衰退期间,需求减少可能导致价格下降。因此,该指数作为更广泛经济的晴雨表,反映当前条件和未来预期。除了经济影响外,建筑价格指数还具有社会影响。建筑成本的上升可能导致住房价格上涨,使个人和家庭更难负担得起住房。这可能加剧与住房可负担性和可及性相关的问题,特别是在需求高的城市地区。因此,理解该指数的动态对于解决与住房相关的社会挑战至关重要。此外,建筑价格指数通常被行业内的企业用于战略规划。建筑公司可以利用该指数的数据预测未来成本,并相应调整其定价策略。这使他们能够保持竞争力,同时确保保持健康的利润率。此外,建筑材料供应商也可以通过将其生产和库存策略与预期市场趋势对齐来受益于该指数。总之,建筑价格指数是理解建筑行业经济格局的关键工具。它提供了成本趋势的见解,为利益相关者的决策提供信息,并突显了建筑成本的社会影响。随着行业的不断发展,密切关注该指数将对导航建筑经济的复杂性和确保该部门的可持续增长至关重要。

相关单词

index

index详解:怎么读、什么意思、用法

construction

construction详解:怎么读、什么意思、用法