Construction Materials Market Increased April to June

August 15, 2011

The construction materials market increased in the April through June period about in line with materials price increases, according to Jim Haughey, RCD chief economist. "This is consistent with the marginal spring increase in construction spending," Haughey adds. Materials orders and shipments were said to perk up in June, although production gains slowed in response to a rise in inventory earlier in the quarter during a weaker economy.

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Source: Reed Construction Data