Bid Prices Fall 1.4 Percent as Construction Materials and Services Prices Increase 0.2 Percent in July

The price of materials and services used in nonresidential construction inched up 0.2 percent from June to July, while a government index that measures contractors’ bid prices fell by 1.4 percent, according to an analysis by the Associated General Contractors of America released today. Association officials said contractors are finally seeing some...