Construction input prices increased 0.8% 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. Nonresidential construction input prices rose 0.9% for the month.
Construction input prices are up 23.7% from a year ago, while nonresidential construction input prices are 24% higher. Input prices were up in 10 of 11 subcategories in April. Softwood lumber was the only category in which prices decreased, falling 17.7% for the month. The largest price increases were in natural gas (+16.9%) and unprocessed energy materials (+10.3%).
Join our thriving community of 70,000+ superintendents and trade professionals on LinkedIn!
Search our job board for your next opportunity, or post an opening within your company.
Subscribe to our monthly
Construction Superintendent eNewsletter and stay current. 
