Higher energy costs are raising building material prices. Producers use less coal than they once did, but compared to 2022, they have the same exposure to oil and gas. Price increases from the Middle ...
The construction industry faces rising material costs and labor shortages, driving a shift towards sustainable building ...
Universal Supply Co. has announced significant price increases across multiple product categories, with changes taking effect between April and specific later dates in 2026. The hikes, ranging from ...
WASHINGTON, D.C. — National Association of Home Builders (NAHB) Eye on Housing has reported wholesale prices of goods used in residential construction rose in May as energy prices continued to climb.
Construction materials prices rose 1.7% in April, month-over-month, per the recently released U.S. Bureau of Labor Statistics Producer Price Index data. Since April 2025, prices have increased by 7%.
An electrician works on power-distribution equipment at a construction site. Copper wire and cable prices rose 7.3% in May and were 24.2% higher than a year earlier, helping drive a sharp increase in ...
WASHINGTON, D.C. — Prices of building materials used in residential construction, excluding energy, were up 3.7% in April, the fastest pace in three years, according to the most recent Producer Price ...
A group of Senate Democrats introduced a bill to exempt home construction materials from tariffs, a move the National Association of Home Builders has pushed for. S. 3943 would automatically exempt a ...
WASHINGTON, June 16 (Reuters) - U.S. single-family homebuilding fell to an eight-month low in May, pressured by higher mortgage rates and building material prices, suggesting the housing market ...
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