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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 'materials prices'

We are pleased to present below all posts tagged with 'materials prices'. If you still can't find what you are looking for, try using the search box.

November Construction Input Prices Expand; Year-over-Year Inflation Highest Since 2011

WASHINGTON, Dec. 12 – Construction input prices expanded 0.7 percent in November and rose 5.6 percent on a yearly basis, the largest increase since November 2011, according to an Associated Builders and Contractors (ABC) analysis of  Bureau of Labor Statistics data released today. Nonresidential construction materials prices also expanded 0.7 percent for the month and 5.4 percent for the year. Crude petroleum prices rose 11 percent in November and are 31 percent higher than this time last year. 

Construction Input Prices Flat in October; Year-over-Year Inflation Remains

WASHINGTON, Nov. 14—Construction input prices remained unchanged on a monthly basis in October, according to analysis of today’s Bureau of Labor Statistics release by Associated Builders and Contractors (ABC). Overall construction input prices have expanded 4.3 percent year over year, while nonresidential input prices have expanded 4.1 percent since October 2016. Crude petroleum prices rose 6.6 percent for the month and are up 7.7 percent for the year. No other input manifested significant price growth in October.

Construction Input Prices Expand for Third Straight Month; Petroleum Prices Soar Year-over-Year

WASHINGTON, D.C., March 14—Construction input prices expanded 0.3 percent on a monthly basis and 4.8 percent on a year-over-year basis in February, according to analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). This represents the most rapid yearly growth in construction input prices in more than five years.

Construction Input Prices Dip in August

WASHINGTON, D.C., Sept. 15—Both nonresidential construction input prices and overall input prices fell in August as energy prices retrenched, according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated  Builders and Contractors (ABC). Nonresidential construction input prices were down 0.2 percent on a month-over-month basis and 1.7 percent on a year-over-year basis.

Construction Input Prices Stable in July

WASHINGTON, D.C., Aug. 12—Nonresidential construction input prices were unchanged in July according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors. Input prices for both the nonresidential construction segment and construction as a whole are 2.3 percent lower than they were a year ago.

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 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 Materials Prices up for May, Down for Year

Prices for inputs to construction industries expanded by 1.1 percent in May, the largest month-over-month increase in more than two years and only the third time in the past 10 months that construction input prices have grown on a monthly basis. Year-over-year prices fell by 3 percent in May and have now fallen by more than 3 percent in each of the year’s first five months. The last time this occurred was the third and fourth quarter of 2009. Only three of the 11 key construction inputs—nonferrous wire and cable, crude petroleum and crude energy materials—experienced monthly price increases in May.

Construction Materials Prices Dip 0.1 Percent in June

Year over year, construction materials prices are 1.5 percent higher. Nonresidential construction materials prices were unchanged in June, rose 0.1 percent for the quarter and increased 1.2 percent during the last 12 months.

Construction Materials Prices Slip 0.1 Percent in December

National construction materials prices barely declined in December—dipping 0.1 percent—and are just 1.3 percent higher than a year ago. Average annual prices in 2012 were 1.9 percent higher than 2011 prices, a reflection of unusual price stability during the course of the year. Nonresidential construction prices were down 0.3 percent in December and are up 0.8 percent year over year.  Annual prices were up 1.7 percent compared to the previous year.