Tariff threat caused ‘rapid escalation’ in material prices last month says ABC
Archinect
FEBRUARY 13, 2025
A rush to purchase construction materials in anticipation of tariffs caused an increase in material prices last month, according to the Associated Builders and Contractors. The observation came as the ABC released its latest analysis of U.S. Bureau of Labor Statistics Producer Price Index data, which found that construction material prices increased 1.4% in January.
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