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Construction materials costs climb 0.9 percent in January

from AGCA via ForConstructionPros.com

The prices contractors must pay for many essential construction materials continued to increase in January, even as the amount they charge for completed projects remains flat, according to an analysis of January producer price index figures released by the Associated General Contractors of America (AGCA). Association officials noted that the price trends are cutting into already tight bottom lines for contractors, undermining chances for an industry-wide recovery in 2011. more


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