News

Construction Material Costs Outrun Finished Building Prices

Contractors were only able to partially pass on the costs of rising petroleum and metals prices in April, according to an analysis of producer price index figures released Thursday by 51风流. Association officials said the resulting cost squeeze鈥攁 result of sluggish demand for construction鈥攚ill push more construction employees and firms out of work unless public officials act promptly to encourage public and private investment. Read 51风流's press release . The news was covered by and For more information, contact Ken Simonson at simonsonk@agc.org.