BASE4

  • PROJECTS
  • ABOUT
  • DESTINATIONS by BASE4
  • BLOG
    • INFOGRAPHICS
  • CAREERS
  • CONTACT
Wednesday, 26 July 2023 / Published in Base4

Developers | What Is Happening With Construction Materials

Reading Time: 3 minutes

The latest Producer Price Index report shows that the cost of building materials excluding energy, did not change much in June 2023. Key construction materials are still costly, and some building material prices have increased slightly. How does this affect the construction industry? Read on to find out.

Producer Price Index-2023

I Have a Project I Want to Discuss!

 

Despite this recent cooling, construction input prices are still up more than 38% since the start of the pandemic.

~Anirban Basu, ABC chief economist.

Construction Materials

Gypsum Building Materials:

The Producer Price Index (PPI) for gypsum building materials fell 0.3% in June after declining 1.1% in both April and May.

Steel Mill Products:

Steel mill products prices got a reprieve in June, declining 0.6% after four months, during which prices climbed 12.4%.

Softwood Lumber:

The Producer Price Index (PPI) for softwood lumber (seasonally adjusted) increased by 3.9% in June, the second increase over the past three months.

Concrete:

Ready-mix concrete (RMC) prices increased 0.5% in June.

We Help Developers Build Cheaper & Faster

We understand the market and are committed to helping developers, and GCs navigate these challenging times. We believe in a PRODUCT mindset—bringing standardization and manufacturing principles to the AEC industry. We help developers, general contractors, and factories find better and cheaper ways to build through innovative technology, forward-thinking design, and offsite manufacturing.

BASE4 | The Fastest and Cheapest Way to Build in 2023

Projects are becoming harder to build for one reason—cost…

Read More

 

Let’s talk about your next project!

 

Thank you,

Blair Hildahl
BASE4 Principal
608.304.5228
BlairH@base-4.com

Related Posts

  • Developers | US Construction is Growing!
  • Developers | Projects are still moving forward!
  • Construction site with prefab steel structures and a telehandler, highlighting BASE4's innovative building solutions
    Developers | Here's how to get your projects built faster!
Tagged under: News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

HOT NOW

  • Addressing The Rising Construction Costs
  • Major Hotel Prototype Upgrades
  • A Look Into Prefabrication

Popular Topics

loader
Meta Data and Taxonomies Filter

Tags

  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
  •  
    loader
loader

Join 95,000 industry professionals

We send well-researched and expert-authored articles that help you build better.

Enter your primary/work email

 

STAY UPDATED

With our latest news and insights.

Enter your primary/work email

Florida Registered Architectural Firm - AA26003324

© 2025 BASE4 | All rights reserved.
  • PROJECTS
  • ABOUT
  • DESTINATIONS by BASE4
  • BLOG
  • CAREERS
  • CONTACT
TOP