ARTBA recently published the following information and statistics for transportation construction material prices and inflation.
For 2007 as a whole, highway and street construction prices were up 5.7 percent compared to 2006, while inflation was up 2.8 percent.
Since 2003, the cost of materials for highway and street contractors has increased 43 percent, compared to a 12.7 percent increase in the consumer price index.
Click here to view and print ARTBA’s Transportation Construction Materials Price Report for 2007.
If you have any questions or comments, please contact Glenn Bukoski or Doug Needham at the MITA office at 517-347-8336 or by e-mail at glennbukoski@mi-ita.com or douglasneedham@mi-ita.com.
