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Tag: prices


Construction Processes, Financial

US faces risk of long stagflation struggle: Moody’s

September 27, 2022

Via: Construction Dive

Concerns about a return of 1970s-style stagflation have risen as economic growth slows and price pressures remain high despite the most aggressive withdrawal of stimulus by the Federal Reserve since the 1980s. The murkier outlook has compelled many CFOs to […]


Construction Processes, Financial

Nonresidential construction prices soar 23% year over year

August 13, 2021

Via: Construction Dive

ABC Chief Economist Anirban Basu pointed to several reasons for the escalation, including a rebounding economy, ongoing supply chain disruptions and limited productive capacity. “Many economists insist that the current situation is merely temporary; still, today’s input price increases can […]


Construction Processes, Procurement

Producer prices for construction materials and services soar 26% over 12 months

July 15, 2021

Via: Building Design + Construction

Unprecedented price increases for a wide range of goods and services used in construction pushed up contractors’ costs by a devastating 26.3% from June 2020 to June 2021, according to an analysis by the Associated General Contractors of America of […]


Construction Processes, Procurement

Construction material prices rise for fourth-consecutive month

April 14, 2017

Via: Construction Dive

The rise in construction material prices likely slowed due to depressed confidence in U.S. economic growth for the coming year, according to ABC Chief Economist Anirban Basu. He said in a release that reports suggest the country’s GDP for the […]