Engineering And Construction Costs Decelerate In July, While Steel Prices Attempt To Stabilize
Source: SeekingAlpha
2025-07-31 06:30:00 ET
Engineering and construction costs continued to show gains in July, according to the Engineering and Construction Cost Indicator from PEG and S&P Global Market Intelligence. The headline Engineering and Construction Cost Indicator , a leading indicator measuring wage and material inflation for the engineering, procurement and construction sector, saw a net decline to 63.9 this month but remains elevated. The sub-indicator for materials and equipment costs decreased by 2.9-point to 59.8 while the sub-indicator for subcontractor labor costs decreased to 73.3 in July from 81.3 in June....
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Engineering And Construction Costs Decelerate In July, While Steel Prices Attempt To Stabilize
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