{"id":28120,"date":"2024-10-12T09:29:37","date_gmt":"2024-10-12T16:29:37","guid":{"rendered":"https:\/\/essential.construction\/news\/ppi-data-sept24-construction-analytics\/"},"modified":"2024-10-12T09:29:39","modified_gmt":"2024-10-12T16:29:39","slug":"ppi-data-sept24-construction-analytics","status":"publish","type":"post","link":"https:\/\/essential.construction\/news\/ppi-data-sept24-construction-analytics\/","title":{"rendered":"PPI Data Sept\u201924 \u00ab Construction Analytics"},"content":{"rendered":"

[ad_1]
\n<\/p>\n

\n
\n

Once again, the Producer Price Index for construction materials is pretty tame with the release of the September data. For Q3, inputs to all types of construction post less than 1% growth for the quarter. This is now 6 or 7 quarters in which Inputs and Final Demand has been near 1% or lower.<\/p>\n

Inputs year-to-date vs the 2023 average are up 1.9% for residential and up less than 1% for Nonresidential and Highway. <\/p>\n

Individually, a few material inputs had notable moves in September: Lumber\/Plywood up 1.1%, Steel Mill Products down 1.2%, Steel Pipe and Tube down 1.3%, Copper and Brass Shapes down 1.1% and Diesel down 14%.<\/p>\n

Year-to-date, various concrete items are up 5% to 6%, Steel items are down 6% to 7%, Copper and Brass Shapes are up 6% and Diesel is down 13%.<\/p>\n

Final Demand indices for 2024 are barely moving. Although Office and School are both up over 1% for Q3, no building type is up even a half percent when compared to the average of 202. Roofing Trades are up 1.7% YTD. The average YTD for the four trades is up less than 1%. Over the last six months The only Final Demand indices to move more than 2% (for the full 6mo) were Office Bldgs and Electrical Trades.<\/p>\n

<\/figure>\n
\"-\"<\/figure>\n
\"-\"<\/figure>\n
\"-\"<\/figure>\n
\"-\"<\/figure>\n
\"-\"<\/figure>\n<\/p><\/div>\n

<\/p>\n

\t<\/p>\n<\/div>\n