Items Tagged with 'construction prices'

Construction materials prices are rising again as copper, diesel, freight and labor costs squeeze supply chains despite resilient contractor confidence.

"For construction, the outlook worsens for virtually every sector,” says economist Ed Sullivan.

Nonresidential construction input prices remain high compared to the start of the COVID-19 pandemic.

Construction input prices fell in December at a greater rate than the Producer Price Index, but still outpaced the wholesale level marker of inflation for the year.

Industry groups are lobbying for an end to tariffs, but without shipping certainty, it may not be enough.

Modest increases in labor, steel and cement costs offset a spike in lumber prices