Across building materials, metal products continue to experience price increases, while ready-mix concrete and softwood lumber have experienced price declines over the past year.
Commercial and institutional construction spending is projected to be down 6.9 percent and 13 percent, respectively, in 2022, impacted by macroeconomic factors that include increasing demand for ...
Heidelberg Materials is one of the largest manufacturers of building materials globally, with a significant contribution of revenue from cement production. The cement industry is a notorious ...
WASHINGTON — Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer ...
Although ENR’s indexes measure the costs of non-residential buildings, the housing market has had a major impact on index movement. The ENR 20-city average yearly price for steel rose 11.2% by the end ...
The newly released Quarterly Construction Cost Insights Report for Q3 2023 from Gordian reveals material costs remain high compared to prior years, but there is a move towards price stabilization for ...
The National Association of Home Builders (NAHB) has reported that the price of building materials has declined 2.3% since June, the largest drop since April 2020. Prices reduced 0.8% in September.
The housing construction sector is heating up. The iShares U.S. Home Construction ETF (NYSEARCA:ITB) has surged 11.1% year to ...