Associated Builders and Contractors: U.S. Construction Input Prices Fell 1.1% Month-over-Month in June
2026-07-16 15:17
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en.Wedoany.com Reported - U.S. construction input prices fell 1.1% month-over-month in June, with nonresidential construction input prices also declining 1.1%. This data comes from an analysis by the Associated Builders and Contractors (ABC) of the Producer Price Index released by the Bureau of Labor Statistics.

Due to a sharp drop in oil prices during the month, the overall construction input price index retreated in June. Chart: ABC

Overall construction input prices rose 7.6% year-over-year, while nonresidential construction input prices increased 7.4% year-over-year. Two of the three energy subcategories saw price declines in June: crude oil prices fell 12.1%, unprocessed energy material prices dropped 8.1%, while natural gas prices rose 16.6%.

ABC Chief Economist Anirban Basu said: "Due to a sharp decline in oil prices throughout June, the overall construction input price index retreated in June."

"However, despite this decline, material prices may continue to rise in the coming months. The resurgence of conflict in Iran has triggered an oil price rebound of about 15%, while prices for tariff-affected goods such as iron, steel, and copper continue to rise significantly. According to ABC's Construction Confidence Index, although contractors remain optimistic about profits, rising input costs may weigh on profitability in the second half of 2026," Basu said.

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