According to the latest data from the U.S. Bureau of Labor
Statistic¡¯s Producer Price Index report, the PPI index for
plywood dropped 5.7 percent compared to the same month a year
ago. But the nine-other key hardware and building supply
commodities showed increases from 1% to 9.5%.
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Construction input prices increased 1.4% in January compared to
the previous month, according to an Associated Builders and
Contractors analysis of U.S. Bureau of Labor Statistics¡¯
Producer Price Index data released on February 13.
Nonresidential construction input prices increased 0.9% for the
month.
Overall construction input prices are 1.3% higher than a year
ago, 40.5% overall since February 2020. Prices increased in all
three energy subcategories last month. Crude petroleum prices
increased 14.8%, while natural gas and unprocessed energy
material prices increased 13.7% and 13.0%, respectively.
Source: hbsdealer.com