Canada, U.S. markets close higher, capping topsy-turvy tariff week - National #Canadian #CDN #Canada #News

Canada, U.S. markets close higher, capping topsy-turvy tariff week - National #Canadian #CDN #Canada #News

Canadian and U.S. stocks closed higher Friday, capping off a tumultuous week that saw nausea-inducing drops and intense spikes driven largely by tariff headlines out of the United States. “It’s been a topsy-turvy day, like every day,” said Allan Small, senior investment adviser at the Allan Small Financial Group with iA Private Wealth. “I don’t recall seeing markets this jittery, this jumpy.” Canada’s main stock index closed up 572.93 points, or…

Tariffs Push Construction Costs Higher During First Quarter

WASHINGTON – Construction input prices increased 0.5% in March, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released Friday. Nonresidential construction input prices increased 0.6% for the month. Both overall and nonresidential construction input prices are 0.8% higher than one year ago. While crude petroleum […] The post Tariffs Push Construction Costs Higher During …

Producer Price Index data shows higher construction materials costs in March

Image courtesy of Associated Builders and Contractors. The U.S. Bureau of Labor Statistics released its latest Producer Price Index data today, which includes numbers from March, before the latest rounds of tariffs being put into …The post Producer Price Index data shows higher construction materials costs in March appeared first on Business Record.

Lumber prices lead construction materials prices higher in March

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices jumped 0.7 percent month-over-month in March on a seasonally adjusted basis. The index of components and materials for construction was up 1.8 percent from its year-earlier level. Overall prices for processed goods for intermediate demand were unchanged […] The post Lumber prices lead construction materials prices higher in M…

Building Material Prices Continue to Grow at Slower Pace

Prices for inputs to new residential construction—excluding capital investment, labor, and imports—were up 0.6% in March according to the most recent Producer Price Index (PPI) report published by the U.S. Bureau of Labor Statistics. The increase in February was revised upward to 0.7%. The Producer Price Index measures prices that domestic producers receive for their...

Tariffs Drive Surge in March Construction Materials Prices – tEDmag

The emerging effects of tariffs are glaring in the March data release, with lumber, iron and steel, and copper wire and cable prices all rising.