Construction input prices increased .4% in July 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 also increased .4% for the month. Overall construction input prices are 1.1% higher than a year ago, while nonresidential construction input prices are .8% higher. Prices increased in all three energy subcategories last month. Natural gas prices were up by 13%, while unprocessed energy materials and crude petroleum prices rose 6% and 5.5%, respectively. “Construction input prices increased in July, ending a streak of two consecutive … Read more