‘There is a limit’: Rising materials costs test construction’s breaking point

This story was originally published on Construction Dive. To receive daily news and insights, subscribe to our free daily Construction Dive newsletter. Dive Brief: Construction input prices increased 0.2% in August due to jumps in iron and steel costs, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. The uptick means prices are now 2.3% higher for overall inputs and 2.6% higher for nonresidential construction compared to a year a ...