Falling prices for diesel fuel, lumber and steel cooled inflation for materials and services used in construction in the U.S. in December, but relief may be short-lived, according to analysis of government data by AGCofA released recently.
ARLINGTON, VA. — Falling prices for diesel fuel, lumber and steel cooled inflation for materials and services used in construction in the U.S. in December, but relief may be short-lived, according to“While producer price indexes for construction inputs fell in December, they still outpaced other inflation measures for the year,” said Ken Simonson, the association’s chief economist, in the release. “In addition, some prices have already turned higher in January.
The one-month decline was driven by falling prices for fuel, lumber and steel, while other input costs rose. The producer price index for diesel fuel fell 28.7 per cent in December, the index for lumber and plywood slumped 3.7 per cent, and the index for steel mill products slid 2.7 per cent.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
University of St. Thomas receives $75 million donation - constructconnect.com - Daily Commercial NewsST. PAUL, MINN. — The University of St. Thomas announced it has received a $75 million donation, which it plans to use to help fund a new arena to host sports and other events. The donation from Lee and Penny Anderson is the largest in the history of the
اقرأ أكثر »
Systematic procurement in maintaining inventory - constructconnect.com - Daily Commercial NewsThe science of store (or stock) management is an integral aspect of systematic procurement. A municipality will likely maintain an inventory of the materials that it needs to conduct its operations so that it is able to maintain continuous service to the
اقرأ أكثر »
Texas bets big on renewable energy for the future - constructconnect.com - Daily Commercial NewsTexas is in the midst of a population, investment and construction boom. State population has grown by four million over the past decade to just under 30 million, with most concentrated in major metropolitan areas. Expansion of the state’s economy has co
اقرأ أكثر »
Opinion | Commercial parking levy would help city balance budget, fund transitOpinion: There’s nothing radical or new about taxing commercial parking spaces. New York, Vancouver and Montreal do it and it works, writes Gideon Forman.
اقرأ أكثر »
Evolution Mining increases gold and copper production in December quarterA roundup of all the mining news in the precious metals sector with a variety of company news, mining sector analysis, newsletter writer insights and executive interviews.
اقرأ أكثر »
Gold prices falling below $1,930 following increase in U.S. flash PMI(Kitco News) - The gold market continues to see some technical selling pressure as better-than-expected data economic data is prompting some investors to take profits at fresh nine-month highs.
اقرأ أكثر »