Input Prices Decline in September but Remain Higher on a Yearly Basis, Says ABC
WASHINGTON, Oct. 14, 2021 — Construction input prices declined 0.5% in September, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month. Despite the monthly decline, construction input prices are 18.9% higher than in September 2020. Nonresidential…