Cost of Construction Materials Drops Slightly

January 18, 2012

The cost of construction materials decreased 0.2 percent in December but were 5.3 percent higher than a year earlier, according to an analysis of producer price index figures by the Associated General Contractors of America (AGC).

But stagnant pricing for construction jobs means that the decrease in costs doesn’t show up in contractor earnings, AGC officials said.

“Any relief contractors might get from the recent declines in materials prices is being offset by their inability to increase prices for new construction projects,” said Ken Simonson, the association’s chief economist. “With overall demand relatively weak and public sector investments in construction declining rapidly, construction remains a buyer’s market.”

For more information, go to this link: – sthash.VsFMU6Pd.dpuf

As construction spending grows, so do opportunities to incorporate energy-efficient designs in your projects — and to earn the Section 179D deduction (up to $1.80 per square foot). As the country’s leading specialist in this deduction, Concord has the experience, knowledge and capacity to handle any project, at every step of the way. Contact us, and find out what Concord can do.

Projected Benefit Calculator

To generate a projected benefit of the Section 179D federal tax deduction for your project, please use the benefit projection tool found below:

Check All That Apply: