On March 22, the Associated General Contractors issued its fourth semiannual Construction Inflation Alert, which reports that by the end of 2007, materials costs could be rising again at a 6% to 8% rate.

On March 22, the Associated General Contractors issued its fourth semiannual Construction Inflation Alert, which reports that by the end of 2007, materials costs could be rising again at a 6% to 8% rate.

Kenneth Simonson, AGC chief economist, believes “the industry also may be entering an era of accelerating wage and salary costs.”

To download a copy of the Construction Inflation Alert, visit www.agc.org/March2007CIA.