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U.S. Census Bureau Data Analysis for November Shows Decrease in Price of Construction Materials

December 13, 2018 | Comments Off on U.S. Census Bureau Data Analysis for November Shows Decrease in Price of Construction Materials

Associated Builders and Contractor Analysis of U.S. Bureau of Labor Statistics data for November reports a monthly decline. The data shows 1.7 percent decrease in the price of nonresidential construction inputs for the month. According to the analysis there is a 15 percent increase in the prices of natural gases when compared to October month. The prices of materials are 5.3 percent more on the basis of year-over-year and the price of construction materials fell by 1.8 percent in November.

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