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Construction Cost Trends January <br />2018 <br />Posted, January 4, 20111) <br />©NI Building News Construction Costo January/February 2018 <br />Sourest; UR Department of 1. ober, Produoor Pr ice Indox <br />The construction economy is stili good. Commercial is strong and residents' is stilt in positive <br />territory tic using micas ate still moving upwind mostly due to N lanai of inventory And pent>up <br />demand. The major disappointment Is that public construction is down. Public construction has been <br />stalled, but it may finally climb out Of its slump with the rebuilding efforts we usually son following <br />large hurricanes. UnfortunntnIy, Ihn infrastructure initiative we've boon promised in Washington <br />seems to also be stalled right now. so no help there. Wages aro up 4 b% for the year. AH in all, the <br />construction industry will probably remain Strong for next year. - <br />240 <br />2: <br />230 <br />225 <br />220 <br />2:5 <br />2'n <br />205 <br />Construction Materials <br />0 0•1 1. e <br />3°~t' 3CSo� 4y SJ d'" Sad o $ 3.) <br />COn0truction <br />Materials <br />Construction commodities roman up, while some still chow double-digit gains. Fuel will remain high <br />until the refineries m t oxas gut up to full wadi isiion (though l ISos in the pncu of crude may continue <br />to keep prices high). Matenuls arc 4-5% up for the year and apposr to be continuing to iisn. <br />72 <br />