
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 released today. Nonresidential construction input prices increased 0.2% for the month. Overall construction input prices are 0.1% higher than a year ago, while nonresidential construction…