Construction Materials Prices Down Slightly for Month, Still 39% Higher Than Pre-COVID
December 14, 2023
If it seems like building material prices are still sky high, they are — 39% higher than they were before the COVID-19 pandemic. Associated Builders and Contractors (ABC) released an analysis today of the U.S. Bureau of Labor Statistics’ Producer Price Index data and pointed out that while month-to-month prices were down 0.3% in November, those prices are still high overall.
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