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Materials Prices ‘Surge’ in April

www.enr.com·Alisa Zevin·19 days ago
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U.S. Bureau of Labor Statistics, Associated Builders and Contractors Construction input prices continue to rise in all sectors. Construction materials prices rose 1.7% in April, month-over-month, per the recently released U.S. Bureau of Labor Statistics Producer Price Index data. Since April 2025, prices have increased by 7%. By sector, inputs to multifamily construction are up 1.5% since March, with a 6.1% increase year-over-year. Non-residential materials prices were slightly higher, rising 1.8% monthly and 7.4% yearly. “ Input prices have now risen more during the first four months of 2026 (6.2%) than over the prior three years (4.8%). “Construction input prices surged again in April ,” Anirban Basu, chief economist at Associated Builders and Contractors, said in a press release. “Input prices have now risen more during the first four months of 2026 (6.2%) than over the prior three years (4.8%).” Spikes in energy prices, due to the ongoing conflict in Iran, account for much of the overall increase.…

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