48 Plant Materials & Accessories
DBM
LC
Marketplace
I n f o r m a t i o n R e q u e s t # 1 4 0
I n f o r m a t i o n R e q u e s t # 1 5 0
I n f o r m a t i o n R e q u e s t # 1 5 8
I n f o r m a t i o n R e q u e s t # 1 7 9 I n f o r m a t i o n R e q u e s t # 1 3 4
After five consecutive months of increasing construction
input prices, May's numbers brought a welcome change by
remaining unchanged from last month. Six of the eleven cat

egories were actually
a little higher month
overmonth but a big
difference in the price
of crude petroleum,
which fell 19.6 percent
from April's levels, bal

anced that out. The
largest increase was to
softwood lumber at 2.2
percent. Anirban Basu,
chief economist for the
Associated Builders and Contractors, feels that many commod

ity prices reached their cyclical low points during last year's
first quarter and have been moving higher since then. He re

ports that motivating factors, including coordinated efforts by
producers to curtail production and support higher prices, are
no longer strong enough to cause them to rise more.
Construction Input Prices Stop
Their Upward Advance