Era of Construction Bid Prices Chasing Material Cost Increases Nearing End
Era of Construction Bid Prices Chasing Material Cost Increases Nearing End
Graph 1 below shows the moderation in construction material costs that has been taking place. There’s about a 50-50 split between items with year-over-year price increases versus those with y/y declines. But that’s December 2022 compared with December 20...