Groundbreak Carolinas

GroundBreak Carolinas

Your source for construction industry news in the Carolinas

Material Prices

Prices For Nonresidential Construction Materials and Services Rise 0.8 Percent in January as Contractors Brace for Impacts of New Tariffs

by Associated General Contractors on

The price of materials and services used in nonresidential construction increased 0.8 percent from December to January, the largest jump in costs in the past 12 months, according to an analysis by the Associated General Contractors of America of government data released today. Association officials warned that steel and aluminum tariffs will further boost the cost of…

Construction Materials Prices Increase 1.4% in January, Up 40.5% Since February 2020

by Associated Builders and Contractors on

Construction input prices increased 1.4% in January compared to 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 increased 0.9% for the month. Overall construction input prices are 1.3% higher than a year ago, while nonresidential construction…

Construction Input Costs Rise 0.4 Percent In February, Outpacing Bid-Price Increase Of 0.1 Percent, As Wide Variety Of Materials Posts Price Gains

by Associated General Contractors on

Large Increases Hit Price Indexes for Flat Glass, Metals, Cement, and Paving Materials; Association Officials Urge Federal Leaders to Ease Proposed Rules that Will Make Products Even More Expensive The price of materials and services used in nonresidential construction increased by 0.4 percent from January to February, outpacing the 0.1 percent increase in contractors’ bid…

Monthly Construction Input Prices Decreased in November, Says ABC

by ABC on

WASHINGTON, Dec. 11, 2020 — Construction input prices fell 0.5% in November compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month. Construction input prices increased 0.9% between November 2019 and…

Construction Input Prices Rebound in July, Says ABC

by Associated Builders and Contractors on

Construction input prices expanded 0.8% in July but are down 0.6% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.8% for the month but have declined 0.3% on a year-ago basis. Much of the year-over-year…

Construction Input Prices Expand for Third Straight Month; Petroleum Prices Soar Year-over-Year

by Associated Builders & Contractors on

Construction input prices expanded 0.3 percent on a monthly basis and 4.8 percent on a year-over-year basis in February, according to analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). This represents the most rapid yearly growth in construction input prices in more than five years. Only…