Producer Price Index For Construction Materials And Services Rises 1.1 Percent In August, Outpacing 0.2 Increase In Contractors’ Bid Prices

Monthly Jump in Input Costs is Driven by Near-Record 34.6 Percent Leap in Diesel Fuel Price Index; Contractors Report Major Staffing Challenges in Association’s Latest Survey of Hiring Conditions The price of materials and services used in nonresidential construction increased 1.1 percent from July to August, driven by an extreme jump...