The rapidly rising costs of fuel and metals threaten to put additional pressure on project budgets, association officials warn.
Material prices increased 3.1% in February, year-over-year, according to the Producer Price Index recently released by the U.S. Bureau of Labor Statistics. Prices are up 1.3% since January. Inputs to ...
Construction input prices increased 1.3% in February compared to the previous month, according to an Associated Builders and ...
The latest data — prior to the war in Iran — shows prices rose on an annualized basis of 12.6% through February.
Escalation in energy and raw material costs—especially oil—may pose challenges, potentially squeezing profit margins in the coming months.
SAN ANTONIO – Thieves are now targeting construction sites in a recent trend in crime. San Antonio businesses said they were not shocked to learn roof shingles were stolen from a South Side ...
Construction material prices rose 2.6% year-over-year in July. Steel, aluminum, and copper prices surged due to new tariffs. Long Island firms report canceled projects and tighter margins. Though the ...
NASHVILLE, Tenn (WTVF) — Construction companies in Nashville are finding ways to navigate increasing costs as tariffs on essential building materials like metal, steel, lumber, and aluminum drive up ...
Construction hiring cooled in February as contractors tapped the brakes on adding staff. Industry payrolls slipped by 11,000 ...