Equipment Type

Construction Materials Price Index Falls 0.1%

Construction materials price inflation fell 0.1% in June after eleven consecutive monthly increases totaling 8.7%.

July 19, 2011

Construction materials price inflation dropped 0.1 percent in June after 11 consecutive monthly increases totaling 8.7%, according to Reed Construction Data. This minor drop is the result of weaker product demand in U.S. construction and manufacturing markets as well as lower international commodity prices.

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Source: Reed Construction Data (By Jim Haughey)

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