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Home » Contractors’ Bid Prices Finally Match Runup In Materials Prices, But Continuing Cost Increases Will Maintain Pressure On Profit Margins
Economics

Contractors’ Bid Prices Finally Match Runup In Materials Prices, But Continuing Cost Increases Will Maintain Pressure On Profit Margins

June 14, 2022Updated:December 7, 2023No Comments1 Min Read
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Economic Release: Producer Price Index Data
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Contractors’ bid prices for constructing new nonresidential buildings finally caught up with soaring costs for the materials and service they buy in May, according to an analysis by the Associated General Contractors of America of government data released today. Association officials cautioned that contractors will have a hard time keeping pace with...

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Latest News

Two New OSHA Resources to Stay Safe in the Heat  

June 6, 2025

Construction Sector Adds 4,000 Jobs In May As Wages Rise And Firms Retain Workers

June 6, 2025

Informal Public Hearing on OSHA’s Proposed Heat Rule Begins June 16

June 6, 2025

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