News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Associated Builders and Contractors, Inc. / November 18, 2014
October marked the fifth consecutive month during which construction input prices have failed to rise. Inputs to construction industries were down 0.9 percent for the month but expanded 1 percent on a year-over-year basis, according to a Nov. 17 producer price index (PPI) release from the U.S. Department of Labor. Inputs to nonresidential construction fell 1.1 percent for the month but are 0.5 percent higher than at the same time last year.
“This deflation in an array of commodities should be viewed positively for the economy as well as for nonresidential construction,” said AssociatedRead More
Associated Builders and Contractors, Inc / July 16, 2014
Overall construction materials prices increased by 0.1 percent in June and are up 1.9 percent year over year, according to the July 16 producer price index release by the U.S. Department of Labor. Nonresidential construction materials prices also expanded 0.1 percent for the month and are 1.4 percent higher than one year ago.
“Prices for inputs to construction industries have now risen in five of the year’s first six months,” said Associated Builders and Contractors Chief Economist Anirban Basu. “This marks a significant departure from the previous year’s remarkable stability.Read More
Associated Builders and Contractors, Inc / June 13, 2014
Overall construction materials prices remained flat in May but are up 1.6 percent year over year according to the June 13 Producer Price Index release supplied by the U.S. Department of Labor. Nonresidential construction materials prices fell 0.2 percent for the month but are 1.3 percent higher than at the same time one year ago.
“With construction spending expanding only in fits and starts and given recent evidence of disappointing global economic performance, it comes as little surprise that most construction materials prices are not rising,” said Associated Builders and ContractorsRead More