CONSTRUCTION MATERIALS PRICES DROP IN MAY INCLUDING KEY CONSTRUCTION MATERIALS LIKE DIESEL, COPPER, BRASS AND ALUMINUM PRODUCTS

WASHINGTON, D.C. – June 13, 2012 – (RealEstateRama) — The amount contractors pay for a range of key construction materials edged down 0.3 percent in May and climbed by only 2.3 percent from a year earlier, according to an analysis of producer price index figures released today by the Associated General Contractors of America. Meanwhile, the amount contractors charge to construct projects remained largely flat for the month and is up only between 3.1 and 4.3 percent for the year.