TITLE

Construction materials prices still edge down in January

AUTHOR(S)
Basu, Anirban
PUB. DATE
February 2009
SOURCE
Grand Rapids Business Journal;2/23/2009, Vol. 27 Issue 8, p32
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the decline of the costs of construction materials in January 2009 based on the producer price index (PPI) report released by the U.S. Labor Department on February 19. The prices of construction materials depreciated by 0.3%. The prices of fabricated structural metal products dropped by 14% while those of softwood lumber decreased by 3.5%. It is said that the decline would have allowed the Congress to reinforce investment in infrastructure.
ACCESSION #
36854057

 

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