The Bureau of Labor Statistics (BLS) reported that the Producer Price Index (PPI) for materials and components used in construction was unchanged in November after rising 0.3% in October. The index was up 3.8% on a year-over-year basis, but stood only a modest 1.9% higher than November 2008. An index that measures inputs used in nonresidential construction (excluding capital equipment) also was flat after falling 0.7% in October. However, it was up 7.0% from November 2010. Construction machinery prices fell 0.2% following no change in October. Nonetheless, they were up 4.4% from a year ago and 5.3% from November 2008.
Cement Cement prices rebounded 1.2% in November after falling 0.7% the previous month. Prices were essentially unchanged from a year ago (down 0.2%) and were down significantly (-9.5%) since November 2008.
Energy and Related Products Energy and related prices have been a bit jumbled of late.
