Construction Material Prices Drop in May

June 15, 2012

The cost of construction materials dropped 0.3 percent in May in contrast to increases in March and April, according to AGC.

More projects could move ahead while prices are relatively low "if Congress can complete work soon on long-stalled highway and transit funding, and avoid making further cuts to building and infrastructure construction projects," said AGC CEO Stephen Sandherr in NJBIZ (New Jersey).

Source: AGC