Construction Costs Dip, but Tariffs Hike some Materials’ Prices

Construction costs dip, but tariffs hike some materials’ prices

Inputs declined overall in April due to falling energy prices, but steel and copper rose significantly while nonresidential costs continued their upward march.

Construction Materials Prices Tame in April Despite Rising Iron and Steel Costs

Construction input prices decreased 0.1% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data.

Construction materials prices rise moderately despite copper wire price jump

The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in April on a seasonally adjusted basis. The index of components and materials for construction was up 1.6 percent from its year-earlier level. Overall prices for processed goods for intermediate demand were up […] The post Construction materials prices rise moderately despite copper wire pri…