One of the things I have been tracking over the years is Cost Trends in the Commercial Construction Industry. I have found that the Producer Price Index has been one of the most reliable sources of factual (non-political) forecast information. The latest hasn't data hasn't come out yet through the Associated General Contractors, but I have another source that I keep track of and that is the Engineering News Record Materials Trends data.
It seems Asphalt Paving and Steel prices have been rising for the past few months (although low work volumes may have kept those impacts from showing up in quoted prices) -- now we are beginning to see rising Gypsum Wallboard and PVC Piping, which are essential materials on most Commercial Construction projects.
Here is a link to the April ENR Materials Trends Summary:
http://enr.construction.com/economics/materials_trends
Please let me know if you have questions, or want more specific input on helping to fend off these impacts---
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