Construction Materials Costs Rise 10.1 Percent Between November 2021 and November 2022 With Double-Digit Increases in Numerous Building Products
The price of materials and services used in nonresidential construction continued rising at a double-digit rate in November from a year earlier, propelled by outsized increases in the cost of a variety of building materials, according to an analysis by the Associated General Contractors of America of government data released today. Association officials noted that…