Construction materials costs rise in March
Published Monday, April 21, 2025 11:00 am
by Chain Store Age

This is a summary

"The price of construction materials rose for the third consecutive month in March. 

Construction input (materials) prices increased 0.5% in March, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Commercial construction input prices increased 0.9% for the month, and are up 42.8% from February 2020.

Overall and nonresidential construction input prices are 0.8% higher than one year ago, with commercial construction prices specifically up 1.7%. 

Crude petroleum prices fell considerably in March, but the decline was more than offset by rapidly rising natural gas (up 10.4%), steel (up 7.1%), copper wire and cable ( up 5.5%) and softwood lumber prices (up 4.7%)."

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Construction materials costs rise in March | Chain Store Age

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Construction materials costs rise in March | Chain Store Age

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