PPI racing past CPI; bad news for highways

April 2008
Roads & Bridges;Apr2008, Vol. 46 Issue 4, p14
The article reports that according to Ken Simonson, chief economist for the Associated General Contractors of America (AGC), there was a 0.6% increase in February 2008 in the producer price index (PPI) for materials used in all types of construction and items consumed by contractors such as diesel fuel. He says this is higher when compared with 0.2% for the PPI for finished goods and 0.3% for the consumer price index (CPI) before seasonal adjustment.


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