Construction Material Prices Jump

April 12, 2012


ABC, Tips, Trends

Construction materials prices rose 1.4 percent in March, the largest monthly increase since April 2011, according to the U.S. Labor Department’s April 12 producer price index (PPI) report. On a quarterly basis, construction materials prices increased 2.7 percent and are 3.8 percent higher than March 2011. Following a similar pattern, nonresidential construction materials prices moved up 1.6 percent for the month, 2.9 percent for the quarter and 4 percent year over year.

Excerpt from ABC Construction Economic Update, April 12, 2012

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Copyright 2011 - Easterday Construction Company, Inc. - All rights reserved.