AGC SmartBrief

Tell a Friend

Complete the form below to send this AGC SmartBrief story to a colleague

* Your name:

* Your E-mail:

* Your friend's E-mail: Separate multiple addresses with commas
To access your saved contact list(s), you must log in.

Personal Message: (2000 characters at max)

(2000 characters left)

Terms and conditions: You must submit valid e-mail addresses only. Use of e-mail addresses is subject to the terms of SmartBrief's privacy policy.

Construction cost index declines with material costs

A decrease in the cost of materials caused the Construction Cost Index calculations to fall 2% in the quarter ending April 2009 from the previous quarter. The index declined by 7.9% on an annualized basis. However, observers note that labor rates continue to increase, despite layoffs in the construction industry. Reed/ACP Construction Data (06/26)