Producer Price Indexes (PPIs) for Construction Materials and Components - December
Wednesday, January 20, 2010
NEW FEDERAL DATA SHOWS CONTRACTORS GETTING SQUEEZED BETWEEN RISING MATERIALS COSTS AND STAGNANT PRICES FOR FINISHED CONSTRUCTION
Latest Producer Price Index Figures Signal Need for Speedy Investments in Infrastructure Construction While Prices are Still Relatively Low, Construction Economist Notes
Construction contractors are being squeezed by rising materials costs and disappearing profit margins, based on analysis of the latest producer price index (PPI) conducted by the Associated General Contractors of America today. The new figures show finished prices of nonresidential buildings dropped last year even though a number of construction materials prices have begun to increase in price, noted Ken Simonson, the association's chief economist.










RSS Feeds: