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ABC's Construction Economic Update covers the latest commercial and industrial construction economic news. Delivered electronically, it provides an analysis of the monthly economic indices released by the federal government, including construction spending, employment, the producer price index and the quarterly gross domestic product.  

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Posts Tagged 'producer price index'

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Construction Input Prices Continue Ascent, Could Pressure Margins

WASHINGTON, D.C., July 14—Construction input prices expanded in June, rising 1.1 percent on a monthly basis according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Today’s report marks the fourth consecutive month that input prices have expanded following eight straight months of decline.

Construction Material Prices Rise Again

WASHINGTON, D.C., June 15—Construction input prices expanded by 0.7 percent in May and have now expanded for three consecutive months according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). The rise follows eight consecutive months during which construction input prices fell; prices remain 3.4 percent below their year-ago level.

Construction Material Prices Rise Month-to-Month, Remain Historically Low

WASHINGTON, D.C., May 13—Construction input prices expanded on a monthly basis for the second consecutive month in April, increasing by 0.5 percent according to an analysis of the Bureau of Labor Statistics (BLS) Producer Price Index released today by Associated Builders and Contractors (ABC). The two-month growth streak follows nine consecutive months during which construction input prices fell and construction input prices remain 2.9 percent below their April 2015 levels.

Construction Material Prices Rise for First Time in Nine Months

WASHINGTON, D.C., April 13-Construction input prices rose on a monthly basis in March for the first time in nine months according to an analysis of the Bureau of Labor Statistics (BLS) Producer Price Index released today by Associated Builders and Contractors (ABC). Input prices expanded 0.9 percent on a monthly basis in March but are still down 3.4 percent on a year-over-year basis.

Construction Material Prices Continue Free Fall in February

WASHINGTON, D.C., March 15— Construction input prices fell for the eighth consecutive month during February 2016 according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC).

Construction Material Prices Continue to Plunge in January

WASHINGTON, D.C., Feb. 17—Construction input prices fell by 0.6 percent during January 2016 according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by the Associated Builders and Contractors (ABC).  Construction input prices are down 2.7 percent from January 2015 and have now decreased on a year-over-year basis for 14 consecutive months.

Construction Material Prices Continue Free Fall in December

Construction material prices fell for the sixth consecutive month in December, losing 1.2 percent on a monthly basis and 4 percent on a yearly basis according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Construction input prices have fallen 7.2 percent since peaking in August 2014, and have fallen in eleven of the previous sixteen months. Nonresidential construction input prices exhibited similar declines, falling 1.1 percent for the month and 4 percent for the year.

Construction Material Prices Plunge in November

WASHINGTON, D.C., Dec. 11- Construction input prices fell for the fifth consecutive month in November according to an analysis of the Bureau of Labor Statistics’ Producer Price Index released today by Associated Builders and Contractors (ABC). Input prices fell 0.4 percent on a monthly basis and are down 4.2 percent on a year-over-year basis. Nonresidential construction prices behaved similarly, falling 0.5 percent month-over-month and 4.6 percent year-over-year. Only two of the 11 key input prices have risen since November 2014.

Construction Material Prices Fall Further in October

WASHINGTON, D.C., Nov. 13- The Producer Price Index for inputs to construction industries declined for a fourth consecutive month in October, according to an analysis of the Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The index stands at its lowest level since the first quarter of 2011 as prices for construction inputs declined 0.2 percent on a monthly basis and 4.6 percent on a year-ago basis. Nonresidential construction input prices exhibit a similar pattern, falling 0.3 percent since last month and 5.1 percent over the past twelve months. Nine of 11 key input prices are down on a year-over-year basis.

Construction Material Prices Plunge in September

Prices for inputs to construction industries plunged 1.6 percent in September after shedding 0.9 percent in August, the Bureau of Labor Statistics reported today. Year-over-year prices were down 5.3 percent for the month, the largest yearly decrease since October of 2009. Inputs to nonresidential construction prices also declined, losing 1.6 percent for the month and 6 percent for the year. Only three of the 11 key input prices expanded on a monthly basis in September, while six experienced double-digit year-over-year declines, according to analysis by Associated Builders and Contractors.