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Construction material prices fall for 6th consecutive month

from ABC via For Construction Pros

Construction material prices fell for the sixth consecutive month in December, losing 1.2 percent on a monthly basis and 4 percent on a yearly basis according to an analysis of the Bureau of Labor Statistics Producer Price Index by Associated Builders and Contractors. Construction input prices have fallen 7.2 percent since peaking in August 2014 and have fallen in 11 of the previous 16 months. Nonresidential construction input prices exhibited similar declines, falling 1.1 percent for the month and 4 percent for the year. more

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