When talking with developers and design firms these days, the discussion will quickly turn to the extraordinarily rapid upticks in material and other construction input costs and how they are causing some owners to put project go-aheads on pause while they go back to their teams for suggestions on possible alterations that will return estimated costs closer to initial estimates.
For input prices (or costs, depending on one’s perspective), the most readily available and comprehensive data comes from the Producer Price Index material published by the Bureau of Labor Statistics.
