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Home » Prices For Nonresidential Construction Materials And Services Climb 0.5 Percent In February, With Tariff Impacts Likely To Push Prices Higher
Economics

Prices For Nonresidential Construction Materials And Services Climb 0.5 Percent In February, With Tariff Impacts Likely To Push Prices Higher

March 13, 2025No Comments1 Min Read
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The price of materials and services used in nonresidential construction rose 0.5 percent in February, following an increase of 0.7 percent in January, according to an analysis by the Associated General Contractors of America of government data released today. Association officials noted that materials prices began increasing even before most of the threatened new tariffs were put in place.

“It’s a bad sign that construction costs have been rising significantly even before most of the Trump administration’s tariffs have taken effect,” said Ken Simonson, the association’s chief economist. “Now that many tariffs that hit construction materials are in effect, with more measures pending, construction costs are likely to rise much more.”

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Building Construction Data Federal/Heavy Highway Infrastructure Producer Price Index Utility
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AGC Tech Conference: Measuring A.I.’s Impact

May 30, 2025

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