The rapidly rising costs of fuel and metals threaten to put additional pressure on project budgets, association officials warn.
The latest data — prior to the war in Iran — shows prices rose on an annualized basis of 12.6% through February.
The spike was mostly driven by rising energy costs, and the analysis was done before the armed conflict in Iran began.
Construction input prices increased 1.3% in February compared to the previous month, according to an Associated Builders and ...
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 ...
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 hiring cooled in February as contractors tapped the brakes on adding staff. Industry payrolls slipped by 11,000 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min New tariffs — and uncertainty ...
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 ...