Copper and electrical components posted the sharpest gains to end the year, according to consulting firm Gordian, but steel ...
Overall construction input prices are 2.8% higher than a year ago, while nonresidential construction input prices are 3.2% ...
Specialty construction materials have stayed elevated longer than commodity inputs, even as lumber prices cooled after the pandemic surge. Sources: U.S. Bureau of Labor Statistics PPI data via FRED.
In today’s market, contractors often find themselves playing The Price is Right when bidding material costs — trying to hit the number just right without going over. But with new (and changing) ...
Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement. The ENR 20-city average yearly price for steel rose 7.8% by the end ...
Metal manufacturers and recyclers face intense cost and supply chain pressures and growing ESG expectations. Traditionally, operators have relied on high percentages of primary metal to guarantee ...
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