Tag: materials prices

July 29, 2022

The company’s profits in Q2 stood at $78 million, down 20.4% year over year, but up 56% from Q1. Granite’s revenue for Q2 was $768 million, down 8% from the same period last year and up 40% from last quarter. […]

July 12, 2022

High materials prices and skilled worker shortages are key factors coloring contractors’ expectations for the future, says the Associated Builders and Contractors in its latest confidence index. Based on surveys of nonresidential contractors and calibrated on a 0-100 scale, the […]

January 14, 2022

The producer price index for inputs to new nonresidential construction — the prices charged by goods producers and service providers, such as distributors and transportation firms — increased by 0.5% in December and 19.6% in 2021 as a whole, according […]

September 14, 2021

Associated Builders and Contractors reports today that its Construction Backlog Indicator fell sharply to 7.7 months in August, according to an ABC member survey conducted Aug. 19 to Sep.1. The reading is down 0.8 months from July 2021 and down […]

August 12, 2021

Extreme price increases continued in July for a wide range of goods and services used in construction, according to an analysis by the Associated General Contractors of America of government data released today. Association officials urged President Biden to immediately […]

April 9, 2021

An unprecedented leap in the price of goods used in construction and supply-chain disruptions are wreaking hardships on contractors and slowing projects, according to an analysis by the Associated General Contractors of America of government data released today. The association […]

March 15, 2021

Another round of steep price increases and supply-chain disruptions are wreaking hardships on contractors, driving up construction costs and slowing projects, according to an analysis by the Associated General Contractors of America of government data released today. The data comes […]

September 23, 2016

Both nonresidential construction input prices and overall input prices fell in August as energy prices retrenched, according to a recent analysis of the Bureau of Labor Statistics Producer Price Index released by Associated Builders and Contractors. Nonresidential construction input prices were […]