Construction Input Costs Jump 12.6 Percent Year-Over-Year Despite Dip in September as Most Materials Post Double-Digit Increases Over 12 Months
The price of materials and services used in nonresidential construction jumped 12.6 percent in September from a year earlier despite a dip of 0.2 percent last month, according to an analysis by the Associated General Contractors of America of government data released recently. Association officials note that the construction industry was suffering the most from…