All Things Considered, Contractors Can Expect Healthy Growth This Year
Business Tools
On: June 17, 2021 | By:
Contractors’ confidence in profit margins and staffing levels slipped in May amid rising input prices, but it looks like there will be plenty of work to go around, according to data from the U.S. Bureau of Labor Statistics.
Construction input prices increased 4.6% in May compared to the previous month, according to an analysis of the Bureau’s Producer Price Index data by Associated Builders and Contractors (ABC). Nonresidential construction input prices increased 4.8% for the month.
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