Construction input prices up 21% from a year ago

istock.com/lamontak590623 WASHINGTON — Construction input prices rose 2.3% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices also increased 2.3% for the month. Construction input prices are up 21.4% from a year ago, while nonresidential…