ABC: Monthly Construction Input Prices Increase Slightly

Construction input prices increased 0.2% in September 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 increased 0.2% for the month, as well. Overall construction input prices are 0.3% higher than a year ago, while nonresidential construction input prices are 0.6% higher. Prices increased in all three energy subcategories in September. Crude petroleum prices were up 10.1%, along with unprocessed energy materials prices, which rose 7.5% last month. Natural gas prices were up slightly by 0.1% in September.

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Monthly Construction Input Prices Increase in December, Says ABC

Construction input prices rose 0.6% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data recently released. Nonresidential construction input prices also rose 0.6% for the month. Input prices for all three energy subcategories decreased for the month. Crude petroleum was down 16.4% in December, while unprocessed energy materials and natural gas were down 13.1% and 12%, respectively. Prices in all three energy subcategories, however, are still up significantly on a year-over-year basis. Overall construction input prices are up 22.3% from a year ago, while … Read more

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Monthly Construction Input Prices Rise in September, says ABC

Construction input prices increased 1.6% in September compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index data released by the U.S. Bureau of Labor Statistics. Nonresidential construction input prices rose 1.4% for the month. Among 11 subcategories, eight experienced monthly increases, with the largest increase registered in softwood lumber prices, which rose by 27.4%. The price of softwood lumber is up an astonishing 81.2% over the past year, a reflection of supply chain disruptions combined with the rapid expansion of single-family homebuilding. Natural gas prices were 12.1% higher than the previous month, … Read more

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Monthly Construction Input Prices Rise in June, Says ABC

Construction input prices rose 2.2% in June, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released recently. Nonresidential construction input prices rose by 2.3% for the month. Among the 11 subcategories, six experienced monthly increases. The increase in prices was driven primarily by energy, with the largest increase coming from crude petroleum, which rose 71.9%. Unprocessed energy materials rose 16.8%, while the price of natural gas fell 18.4%. Softwood lumber experienced an 11.0% increase in June. “For many contractors, lack of demand for their services has emerged as the leading … Read more

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Drop in April Construction Input Prices Could Help Stabilize Nonresidential Construction Sector, Says ABC

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. Nonresidential construction input prices declined 4.2% for the month. Among 11 subcategories, nine experienced monthly price declines. All three energy subcategories considered in this release were lower in April, with crude petroleum down 48.9%, unprocessed energy materials down 27.5% and natural gas down 20.4%. The only subcategories that didn’t experience monthly price decreases were plumbing fixtures and fittings, which remained virtually unchanged, and concrete products, which increased 0.1%. “There has been … Read more

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