Gap Between Increases in Material Costs & Bid Prices Shrinks; Still Immense



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Graph 2 at the end of this article shows that the gap between high year-over-year material cost increases, as captured in two Producer Price Index (PPI) series, and relatively restrained year-over-year bid price increases from contractors (also coming from a PPI) is narrowing, but it remains immense.

Did you miss our previous article…
https://www.dennis-construction.com/?p=607