Construction Materials Prices Surge 2.6% in May, Up Nearly 10% Year Over Year
While the construction industry added a healthy amount of jobs in May, input prices also went up.
Nonresidential Construction Spending Grows on Public Sector Strength in April
Public construction spending inched incrementally higher in April while private nonresidential spending fell yet again.
Construction Futures: May 2026 Economic Roundup
Volatile construction industry markers signal uncertainty for contractors nearing mid-year mark.
Construction Materials Prices Soar in April, Up 6.2% Since January
Overall construction input prices are 7.0% higher than one year ago, while nonresidential construction input prices are 7.4% higher.
Nonresidential Construction Spending Down Again in March
March witnessed a decline in various construction-related aspects, including nonresidential spending.
Construction Futures: April 2026 Economic Roundup
A healthier job market, stagnant spending and a reopened strait send mixed messages about April's construction economy.
Oil Prices Contribute to March Surge in Construction Materials Prices
“Construction materials prices surged in March and are now up 4.8% year over year, the largest annual increase since January 2023,” said ABC Chief Economist Anirban Basu.
‘We Need to Lower Interest Rates’: Anirban Basu on 2026 Q1 Construction Economy
Data center construction, the Strait of Hormuz and that tenacious labor shortage are all top of mind for contractors this quarter.
