Construction Materials Prices Continue to Rise in October

WASHINGTON, Nov. 9—Construction prices rose 0.5 percent in October and are 7.9 percent high than at the same time a year ago, according to an analysis of Bureau of Labor Statistics Producer Price Index data conducted by Associated Builders and Contractors. Prices for nonresidential construction inputs also increased 0.5 percent on a month-over-month basis and are up by more than 8 percent on a year-over-year basis.   Read the rest of entry »

Construction Material Prices Rebound in September, Says ABC

WASHINGTON, Oct. 10—Prices for inputs to construction rose 0.3 percent in September and are 7.4 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Overall prices for nonresidential construction inputs rose 0.4 percent, reversing last month’s downward trend. Among individual subcategories, softwood lumber prices are down 0.4 percent, yet are up 5.4 percent on a year-over-year basis. Crude petroleum and natural gas prices are both up on a monthly basis, 8.7 and 1.1 percent, respectively.  Read the rest of entry »

Construction Material Prices Fall in August, says ABC

WASHINGTON, Sept. 12—Prices for inputs to construction fell 0.5 percent in August but are 8.1 percent higher than at the same time one year ago, according to an Associated Builders and Contractors analysis of Bureau of Labor Statistics data released today. Nonresidential construction input prices fell 0.4 percent in August but are up 8.3 percent year-over-year. Softwood lumber prices plummeted 9.6 percent in August yet are up 5 percent on a yearly basis (down from a 19.5 percent increase year-over-year in July). Read the rest of entry »

Construction Material Prices Inch Down in July, Says ABC

WASHINGTON, Aug. 9—Prices for inputs to construction fell 0.2 percent in July but are 9.5 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential construction input prices fell 0.3 percent in July but are up 9.6 percent year over year. Softwood lumber prices are up 19.5 percent from July 2017, while iron and steel prices are up 13.4 percent. Read the rest of entry »

Construction Material Prices Increase Steadily in June, Says ABC

WASHINGTON, July 11—According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today, construction material prices rose another 0.8 percent in June and are 9.6 percent higher than they were at the same time one year ago. Read the rest of entry »

Construction Materials Prices Surge Again in May With Largest Monthly Increase in a Decade, Says ABC

 WASHINGTON, June 13—Prices for inputs to construction materials expanded 2.2 percent in May and are 8.8 percent higher than at the same time one year ago, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data released today. This represents the largest monthly increase in 10 years (since May 2008). Nonresidential construction input prices increased 2.3 percent for the month and 8.9 percent for the year. Read the rest of entry »

Construction Material Price Expansion Continues in March, ABC Says

WASHINGTON, April 10—Prices for inputs to construction materials expanded 0.8 percent in March and are 5.8 percent higher than at the same time one year ago, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data released today. Prices for nonresidential construction inputs increased 0.9 percent on a monthly basis and are up 5.6 percent year over year.

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Construction Materials Prices Continue to Expand Briskly in February, ABC Says

WASHINGTON, March 14—Overall construction input prices rose 0.7 percent in February, slightly lower than the rate set in January, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. Compared to February 2017, prices are up 5.2 percent. Nonresidential construction materials prices are also up 0.4 percent on a monthly basis and 4.9 percent compared to the same time last year. Read the rest of entry »

Strong Economy, Weaker Dollar Help Construction Materials Prices Recover in January

WASHINGTON, Feb. 15–Overall construction input prices increased 1.1 percent in January, reversing a slight decline in December 2017, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. Compared to this time last year, overall construction materials prices are up 4.9 percent. Nonresidential construction materials prices are up 4.7 percent year over year and up 1 percent on a monthly basis.  

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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.
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