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Construction PPI rises moderately, IP improves; ARRA bonds help schools

Post Time:Sep 18,2010Classify:Industry NewsView:121

The producer price index for finished goods fell 0.1% in August, not seasonally adjusted (but rose 0.4 percent, seasonally adjusted) and 3.1percent over 12 months, the Bureau of Labor Statistics reported on Thursday [Sept. 16]. The PPI for construction inputs rose 0.2 percent, not seasonally adjusted for the month and 3.6 percentover 12 months. PPIs for finished buildings were nearly flat over 12 months; thus, contractors were paying more for materials but not passing the cost along.

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Source: http://www.glassmagazine.com/news-item/commercial/construction-ppi-rises-moderately-ip-improves-arra-bonds-help-schools-106777Author:

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