Thursday, November 18, 2010
Construction News Headlines for November 18, 2010
Rising Materials Prices, Bid Competition Squeeze Contractors
Construction contractors continue to be squeezed between rising prices for key construction materials and flat prices for what they can charge for finished projects, according to the Associated General Contractors’ analysis of October Producer Price Index figures. Prices for materials used in construction jumped by 0.6% in October and 4.8% over the past 12 months, while the price index for finished buildings remained
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