Tag Archive for ‘construction costs’

Building Materials Prices Hold Steady in October

Prices paid for goods used in residential construction held steady in October (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices have declined an average of 0.2% per month over the last 12 months, and the price of goods used in residential construction has risen 1.7% in 2019…. Read More ›

Year-to-Date Price Growth of Building Materials is Slowest in Years

Prices paid for goods used in residential construction decreased by 0.3% in September (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices have declined an average of 0.1% per month over the last 12 months, and the price of goods used in residential construction has risen 1.7% in… Read More ›

Building Materials Price Growth Slows in August

Prices paid for goods used in residential construction decreased by 0.8% in August (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices have declined an average of 0.1% per month over the last 12 months, compared to an average monthly increase of 0.8% during the same period 2017-2018…. Read More ›

Prices Paid for Building Materials Increase in July

Prices paid for goods used in residential construction increased by 0.7% in July (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. Building materials prices have declined an average of 0.1% per month over the last 12 months, compared to an average monthly increase of 0.8% during the same period 2017-2018…. Read More ›

Gypsum, OSB, and Softwood Lumber Prices Decline in January

Overall, the price of goods used in residential construction declined 0.5% in January (not seasonally adjusted) according to the latest Producer Price Index (PPI) released by the Bureau of Labor Statistics. In contrast to December–when prices paid for building materials (except OSB) changed little–prices fell by an average of 2.9% in January. Prices paid for inputs to residential construction (goods)… Read More ›

Softwood Lumber Price Decline Largest in Seven Years

Softwood lumber prices fell 10.3% in October—the largest drop since May 2011—according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. The producer price index for softwood lumber has fallen 21.2% since setting the cycle and all-time high in June (see below). Even after the decrease, however, the index currently sits just 4.7% lower than… Read More ›

Lumber, OSB Prices Retreat in August as Gypsum Reaches New High

Residential construction goods input prices declined, on average, in August as large monthly increases and decreases offset each other, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Although the index for inputs to residential construction fell by 0.5% (not seasonally adjusted), it has increased more than twice as much in 2018 (+4.9%) as… Read More ›

Lumber Prices Increase While Gypsum Falls in June

The prices of building materials generally increased in June, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. For the second consecutive month, softwood lumber (+4.0%) led the way, followed by oriented strand board (+2.2%, not seasonally adjusted). Similarly, the indexes for ready-mix concrete (-0.3%) and gypsum products (-0.6%) both declined for the second… Read More ›

Ready-Mix Concrete, OSB Lead Price Increases in March

Building materials prices continued to climb in March, according to the latest Producer Price Index (PPI) release by the Bureau of Labor Statistics. Oriented strand board (OSB) led price increases, up 9.3% since February (not seasonally adjusted), while the indexes for ready-mix concrete (+3.3%), softwood lumber (+2.2%), structural steel (+2.0%), and gypsum products (+1.1%) also moved higher. The 9.3% increase in OSB… Read More ›