TITLE

Materials prices continue downward slide

AUTHOR(S)
Basu, Anirban
PUB. DATE
December 2008
SOURCE
Grand Rapids Business Journal;12/22/2008, Vol. 26 Issue 52, p20
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports on the continued downward trend in construction materials prices in November 2008, according to the U.S. Labor Department. Construction input prices experienced a 4.9 percent increase in spite of the drop, while plumbing fixtures and fittings prices dropped by 0.6 percent. Other materials that experienced a drop in prices include fabricated structural metal products, nonferrous wire and cable, and asphalt felts. These declines can be attributed to a lack of demand and falling oil prices.
ACCESSION #
35962309

 

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