Construction materials prices posted a welcome decline in December, yet key inputs are still experiencing rapid escalation,” ...
Copper and electrical components posted the sharpest gains to end the year, according to consulting firm Gordian, but steel ...
Trade policy will “continue to put upward pressure on certain materials” this year, said Anirban Basu, chief economist for ...
President Donald Trump's plan to impose a 25% tariff on goods from Canada and Mexico triggered warnings from several trade ...
With material costs fluctuating and trade policies shifting rapidly, contractors and owners are forced to make real-time ...
The National Association of Home Builders estimated that about 7% of the $204 billion worth of goods used in home construction in 2024 were imported from foreign countries. The association also ...
While energy prices fell in August, construction input costs rose slightly, mainly due to tariffs impacting metals like steel and copper. Overall, prices are up 2.3% annually, and despite cost ...
Overall construction input prices are 2.8% higher than a year ago, while nonresidential construction input prices are 3.2% ...