Construction Input Prices Fall for Second Straight Month
Post date
September 23, 2022
Body
Joe Bousquin, Construction Dive
Nonresidential construction input prices dipped for a second consecutive month in August, providing more evidence that construction material costs peaked in June and supporting newfound optimism in the sector.
The news built on muted optimism that the sector may be able to avoid the full brunt of a recession, even if the broader economy experiences further contraction in the third quarter.