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Home » Construction Bid Prices Jump In October Amid Mixed Costs For Materials As Contractors Cope With Supply-Chain, Labor Availability Challenges
Economics

Construction Bid Prices Jump In October Amid Mixed Costs For Materials As Contractors Cope With Supply-Chain, Labor Availability Challenges

November 15, 2022Updated:December 19, 2023No Comments1 Min Read
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Economic Release: Producer Price Index Data
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A measure of construction contractors’ bid prices moved sharply higher in October as firms coped with ongoing supply-chain challenges and a tight labor market, according to an analysis by the Associated General Contractors of America of government data released today. Association officials said rising construction costs threatens to undermine demand for projects and urged...

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Latest News

E-Verify Employers Can Now View Work Authorization Terminations

June 24, 2025

2025 AGC Construction Workforce & HR Conference Registration Now Open

June 24, 2025

Construction Employment Increases In 33 States And D.C. From May 2024 To May 2025

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