Construction input prices increased 0.4 percent in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released on Aug. 13.
Construction input prices decreased by 0.9 percent in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released on June 13.
Construction input prices decreased by 0.3 percent in November 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 Dec. 13.
Monthly jump in input costs is driven by near-record 34.6 percent leap in diesel fuel price index; contractors report major staffing challenges in association’s latest survey of hiring conditions
The price of materials and services used in nonresidential construction increased 1.1 percent from July to August, driven by an extreme jump in diesel fuel costs, according to an analysis by the Associated General Contractors of America released Sept. 14.
Construction firms are getting some needed relief from rising materials costs, but new Buy America rules will pose a big challenge to firms trying to find materials that comply, leading to increased costs
The price of materials and services used in nonresidential construction decreased 0.6 percent from April to May, while an index that measures contractors’ bid prices inched up by 0.1 percent, according to an analysis by the Associated General Contractors of America of government data released June 14.
Construction material prices remain mostly flat in July; Buy America rules remain an ongoing challenge for firms as they try to find materials that comply
The price of materials and services used in nonresidential construction inched up 0.2 percent from June to July, while a government index that measures contractors’ bid prices fell by 1.4 percent, according to an analysis by the Associated General Contractors of America released Aug. 11.
Double-digit annual cost increases persist for several materials despite recent price declines for some; association officials say Administration’s approach to Buy America rules is contributing to price inflation
The price of materials and services used in nonresidential construction increased 0.5 percent from March to April, while an index that measures contractors’ bid prices declined 0.3 percent, according to an analysis by AGC.
Diesel fuel, concrete and gypsum products continue to post steep one-month and year-over-year price increases, while prices for lumber and steel mill products tumble compared to year-ago levels
Contractors encountered a wide range of price changes for key construction inputs in January, with steep increases for fuel, concrete and gypsum products offsetting sharp declines in lumber and steel prices, according to an analysis by the Associated General Contractors of America of government data released Feb. 16.
Association officials caution that higher construction costs could undermine demand for projects, urge Biden Administration to remove tariffs on key materials, continue to untangle supply chains
A measure of construction contractors’ bid prices moved sharply higher in October as firms coped with ongoing supply chain challenges and a tight labor market, according to an analysis by the Associated General Contractors of America of government data released Nov. 15. Association officials said rising construction costs threaten to undermine demand for projects and urged administration officials to remove remaining tariffs on construction materials and to boost investments in construction-focused education and training.
Recent increases drove up prices of diesel fuel, building and paving materials, outweighing decreases in metals and lumber costs, while producers have implemented or announced further price hikes.