CONSTRUCTION MATERIALS PRICES SPIKE IN MARCH EVEN AS THE PRICES CONTRACTORS CHARGE TO COMPLETE WORK REMAINS STAGNANT

WASHINGTON, D.C. – April 12, 2012 – (RealEstateRama) — The cost of construction materials jumped in March, even as the amount contractors charge to complete projects remained stagnant, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Association officials noted that the spike in materials prices continues despite relatively weak overall demand for construction, and cautioned that current market conditions could force some firms out of business.


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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.

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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

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