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October 20, 2026

Construction material cost soar 11.9% from last year

  • The AGC reports that many contractors are also dealing with steel shortages and longer delivery times.
    • By JOURNAL STAFF

    Construction input costs posted their largest annual increase in four years, driven by soaring fuel and metals prices.

    The producer price index for inputs to new nonresidential construction climbed 11.9% between September 2025 and September 2026, according to an analysis of newly released federal data by the Associated General Contractors of America.


     
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