Construction Input Prices Jump in July

Construction input prices jump in July

Overall prices for construction materials are 2.2% higher than a year ago.

Construction materials prices higher as metals price jump

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.1 percent month-over-month in July on a seasonally adjusted basis. The intermediate demand index of components and materials for construction was up 2.6 percent from its year-earlier level. After being unchanged last month and up only […] The post Construction materials prices higher as metals price jump appeared first…

Construction Materials Prices Jump in July – tEDmag

Prices increased in two of the three energy categories last month.

Building Material Prices Rise in July

Prices for residential building materials rose again in July, marking the largest year-over-year increase in over two years. The underlying price growth trend remained the same, with service prices continuing to grow at a faster pace than goods prices. Similar to last month, parts for construction machinery and metal molding/trim experienced significant price growth, as...