CONSTRUCTION MATERIAL COSTS OUTRUN FINISHED BUILDING PRICES AGAIN IN APRIL, PUTTING MORE CONTRACTORS AND THEIR EMPLOYEES AT RISK

New Producer Price Index Figures Show Double-Digit Annual Jumps for Diesel, Copper and Steel; Association Officials Call for Quick Enactment of Infrastructure Bills, Repeal of 3 Percent WithholdingContractors were only able to partially pass on the costs of rising petroleum and metals prices in April, according to an analysis of producer price index figures released today by the Associated General Contractors of America (AGC). Association officials said the resulting cost squeeze—a result of

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