Both nonresidential and overall construction input prices increased in September, with natural gas and crude petroleum prices bouncing back, according to analysis of the U.S. Bureau of Labor Statistics (BLS) Producer Price Index released today by Associated Builders and Contractors […]
” Demand for global commodities has weakened even as supply of many inputs continues to be elevated.” —ABC Chief Economist Anirban Basu
Prices for inputs to construction industries plunged 1.6 percent in September after shedding 0.9 percent in August, the Bureau […]
“The decline in oil prices has been simply stunning and is largely in response to growing evidence of weakness in Europe.”—ABC Chief Economist Anirban Basu.
Construction materials prices inched down 0.1 in September, but rose 1.6 percent compared to the same […]
“February marks the second consecutive month in which construction materials prices expanded briskly.” —ABC Chief Economist Anirban Basu.
Construction materials prices expanded 0.7 percent in February and are up 0.6 percent over the past year, according to the March 14 producer […]