First Year-To-Date Price Decline in March for Building Materials Since the Great Recession

Prices paid for goods used in residential construction decreased 0.8% in March (not seasonally adjusted) according to the latest Producer Price Index (PPI) report released by the Bureau of Labor Statistics. The year-to-date decline in residential construction inputs prices is the first January-to-March decrease since the Great Recession. Building materials prices have fallen 1.8% since March 2019 by -0.15% per… Read More ›

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