PRICES FOR CONSTRUCTION SERVICES RISE IN JULY AS CONTRACTORS ARE FINALLY ABLE TO CHARGE MORE FOR PROJECTS

August 17, 2011 – (RealEstateRama) — The amount contractors pay for construction materials and charge for completed projects both increased in July, as firms were finally able to charge more for work, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Association officials said, however, that it was too early to tell whether contractors will continue to be able to raise prices in the face of declining public sector investments in construction.


More info...

SHARE
Avatar

Located in the Metropolitan Washington, DC area, The Associated General Contractors of America (AGC) is the leading association for the construction industry. Operating in partnership with its nationwide network of Chapters, AGC provides a full range of services satisfying the needs and concerns of its members, thereby improving the quality of construction and protecting the public interest.

Contact:

Associated General Contractors of America
2300 Wilson Blvd., Suite 400
Arlington, VA 22201

Phone:(703) 548-3118 - Local
      (800) 242-1767 - Publications

Fax: (703) 548-3119

Previous articleHUD AND EPA ANNOUNCE AWARDEES IN A HISTORIC COLLABORATIVE EFFORT TO INVEST IN SUSTAINABLE COMMUNITIES
Next articleSerious mortgage delinquency rates stabilize in U.S. metro areas, but share of loans in foreclosure grows