Prices of key construction materials rose sharply in February, according to an analysis by the Associated General Contractors of America. "Prices for a wide range of construction inputs rose sharply in February, threatening to put contractors out of business and leave public projects underfunded unless materials can be ordered before prices jump further," said Ken Simonson, AGC's chief economist. The price index on construction inputs rose 0.9% in February, up from a 0.4% increase in January.

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