Drop in April Construction Input Prices Could Help Stabilize Nonresidential Construction Sector, Says ABC
WASHINGTON, May 13, 2020 — Construction input prices fell 4.4% in April from the previous month, 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 declined 4.2% for the month. Among 11 subcategories, nine experienced monthly price declines. All three energy…