The cost of construction products climbed 7.4 percent over the past year due to double digit increases in commonly-used materialsa, according to an analysis by the Associated General Contractors of America (AGCA)’s new Labor Department.
According to an analysis of new government data by the Associated General Contractors of America (AGCA), construction spending increased 0.1 percent from July to August and 5.3 percent for eight months of 2018 combined, with continued year-to-date gains for major public and private categories.
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