CONSTRUCTION MATERIAL COSTS JUMP FOR SECOND MONTH IN A ROW IN SEPTEMBER; CONTRACTORS HOLD LINE ON PRICES, ADDING TO RISK OF INSOLVENCY

WASHINGTON, D.C. – October 12, 2012 – (RealEstateRama) — Price spikes for several key construction materials in September threaten to push contractors out of business, according to an analysis of federal figures released today by the Associated General Contractors of America. The recent surge comes despite mild year-over-year changes in materials prices overall