This article focuses on the latest U.S. building material cost increases as laid out in the Producer Price Index data set compiled and published by the Bureau of Labor Statistics.
The PPI series measures prices for goods as they leave the factory gate. They’re not necessarily as up-to-the-minute relevant as some other measures. For example, there have been sighs of relief in the marketplace because of recent perceived price softening in the forestry sector. The moderation relates to transactions on commodity exchanges covering ‘spot’ and ‘futures’ prices.