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Construction input prices climbed 2.2% in September and 11.2% year over year, the biggest annual jump in almost four years, driven by Iran conflict-related fuel costs and tariffs. ABC and AGC economists warn of shrinking margins, steel shortages with order books full through spring 2027, and urge Congress to pass a…
Higher fuel costs coupled with tariff impacts on key materials drove construction prices up 11.2% year over year in September.
US construction input costs increased by 11.9% in the year from September 2025 to September 2026, according to new figures from the Associated Gene...