AGC Data DIGest: February 13-17, 2023 [1]
Contractor input costs continue to diverge |
Contractors’ input costs diverged widely in January, as one-month or year-over-year (y/y) increases in fuel, paving materials, gypsum, and paint costs outweighed lower prices for lumber and steel, according to Bureau of Labor Statistics (BLS) data posted [8] on Thursday. The producer price index (PPI) for material and service inputs to new nonresidential construction rose 0.9%, the largest monthly gain since May 2022... |
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