Construction input prices rose 3.5% in January compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 3.1% for […]
Tag: materials
Construction Input Prices See Largest Monthly Increase Since June, Says ABC
Construction input prices increased 1.5% in October, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices increased 1.4% for the month.
Construction input prices are […]
IHS Markit says, Ocean Freight Prices Continue to Rise in May, Driving Increases in Engineering and Construction Costs
Engineering and construction costs increased for the seventh consecutive month in May, with respondents reporting widespread price increases across all index components, according to IHS Markit (NYSE: INFO) and the Procurement Executives Group (PEG). The headline IHS Markit PEG Engineering and Construction Cost Index registered […]
Engineering and Construction Costs Increase at Slower Pace in April, IHS Markit Says
Construction costs continued to increase in April for the 30th consecutive month, according to IHS Markit (Nasdaq: INFO) and the Procurement Executives Group (PEG). The current headline IHS Markit PEG Engineering and Construction Cost Index registered 58.2 this month, […]
ABC Reports: Construction Materials Prices Inch Down in September
“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 […]