Engineering And Construction Costs Continue To Increase In June, But Steel Price Increases Appear To Be Waning
Source: SeekingAlpha
2025-06-26 12:08:00 ET
Engineering and construction costs increased again in June, 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 modest decline to 68.2 this month, but remains elevated. The sub-indicator for materials and equipment costs decreased 9.4 points to 62.7 while the sub-indicator for subcontractor labor costs rose to 81.3 in June from 71.4 in May....
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Engineering And Construction Costs Continue To Increase In June, But Steel Price Increases Appear To Be Waning
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