www.pmmag.com/articles/98985-agc-releases-construction-inflation-alert

AGC Releases Construction Inflation Alert

March 29, 2007
On March 22, the Associated General Contractors issued its fourth semiannual Construction Inflation Alert, which reports that by the end of 2007, materials costs could be rising again at a 6% to 8% rate.

On March 22, the Associated General Contractors issued its fourth semiannual Construction Inflation Alert, which reports that by the end of 2007, materials costs could be rising again at a 6% to 8% rate.

Kenneth Simonson, AGC chief economist, believes “the industry also may be entering an era of accelerating wage and salary costs.”

To download a copy of the Construction Inflation Alert, visit www.agc.org/March2007CIA.