Construction Materials Prices, Dominated by Crises Economics, Expand Slightly in June

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Prices for inputs to construction industries expanded 0.2 percent in June after increasing 1.1 percent in May. Year-over-year prices were down 2.2 percent in June and prices have not increased on an annual basis for the past seven months. The last time this occurred was the third and fourth quarter of 2009 when the global economy was still reeling from the financial crisis; however, June's year-over-year decline in construction input prices was the smallest of 2015. Prices of inputs to nonresidential construction industries rose 0.3 percent on a monthly basis, but are down 3.6 percent on a yearly basis.

From ABC Newsline

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A.
407 N. Howard Avenue
Suite 100
Tampa, FL 33606
www.trentcotney.com

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