WASHINGTON, D.C. — Residential building material prices continued to experience elevated growth, according to the latest Producer Price Index release from the Bureau of Labor Statistics. Price growth ...
Some plumbing-product makers, refrigerator makers, and flooring suppliers have either told their customers their prices will jump or already raised them on the back of Trump’s tariff policy. In the ...
Tariffs on steel, aluminum, copper, and cement are raising construction costs, while labor shortages are driving further inflation.
The construction materials price index for nonresidential buildings fell 0.7% in February, extending the decline since the September peak to 12.3%, according to Jim Haughey, PhD, BD+C Economist and ...