Tuesday, 25 October 2011

CONSTRUCTION MATERIAL COSTS OUTRUN FINISHED BUILDING PRICES IN JUNE, SUBJECTING CONTRACTORS TO PRICE SQUEEZE DESPITE ONE-MONTH DIP IN COSTS

Posted by To Your Success! at 02:54
Latest Producer Price Index Figures Show Contractors are Paying More for Diesel Fuel, Metal Products; Association Officials Urge Congress, White House to Rethink Pending Cuts for Infrastructure Repairs Construction costs again outpaced other producer prices in June but contractors remained unable to recoup the costs through higher bid prices, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Association officials said the

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