Construction materials prices slip 0.1 percent in June

July 17, 2013

woodenbarsThe average cost of materials consumed by the construction industry, including items like diesel fuel, slipped 0.1 percent in June, according to a report from our sister site, Equipment World.

The data come from the Associated General Contractors of America’s (AGC) latest analysis of data from the Bureau of Labor Statistics (BLS), which also points out that construction materials prices were up 1.5 percent year-over-year in June.

Residential construction materials were down 0.2 percent for the month and were up 1.9 percent year-over-year, while nonresidential construction materials held steady from month to month and  were up 1.2 percent from June 2012.

AGC also pulled a list of individual materials’ pricing from the BLS:

Change from May 2013 Change from June 2012
Steel mill products -0.7 percent -8.1 percent
Copper and brass
mill shapes
-0.5 percent -3.8 percent
Aluminum mill
-0.1 percent -2.5 percent
Diesel fuel -0.6 percent -3.6 percent
Concrete products -0.1 percent -3.1 percent
Gypsum products -0.2 percent +16.0 percent
Lumber and
-3.3 percent +9.9 percent

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