Construction materials prices drop slightly in April
The construction materials price index for nonresidential buildings fell 0.3% in April extending the decline since the September index peak to 13.1%. Prices for the mix of materials used in nonresidential construction prices are back to the December 2007 level before the 14% jump in prices from March through September, according to Jim Haughey, BD+C Economist and Chief Economist with Reed Construction Data.
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