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Ken Simonson's blog

AGC's Data DIGest: January 11-15, 2021

Construction cost squeeze tightens in December, PPI, Beige Book, ISM suggest; starts plunge

A cost squeeze for contractors intensified in December as the producer price index (PPI) for nonresidential building construction—a measure of the price that contractors say they would charge to build a fixed set of buildings—inched up 0.1% from November, while the PPI for inputs to new nonresidential construction jumped 1.7%, the Bureau of Labor Statistics (BLS)  [node:read-more:link]


AGC's Data DIGest: December 9-11, 2020

PPI cost squeeze eases in November but steel, lumber prices jump in recent weeks; job openings slide

A cost squeeze for contractors eased slightly in November as the producer price index (PPI) for new nonresidential building construction—a measure of the price that contractors say they would charge to build a fixed set of buildings—inched up 0.1% October, while the PPI for inputs to new nonresidential construction held steady after six months of increases, the Bureau of Labor Statistics (BLS)  [node:read-more:link]