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BLS

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Construction input prices held flat in October as diesel fell 4.6% and steel rose 2.7%

BLS producer prices for goods bought by construction were flat in October 2026 and stand 11.5% above a year earlier, with steel up and diesel down.

365.14 October 2026 · +0.0% on the month · +11.5% on the year

Construction input prices leveled off in October at a 25-month high

BLS PPI, net inputs to construction industries, goods, index June 1986 = 100, not seasonally adjusted, October 2024 to October 2026

Construction input prices leveled off in October at a 25-month highLine chart with 25 points from October 2024 to October 2026. Series: value. Values range from 318 to 365.3003203403603802024-102025-032025-082026-012026-062026-1012-period average 346.56October 2024: 319.20November 2024: 318.48December 2024: 317.95January 2025: 322.14February 2025: 323.96March 2025: 325.31April 2025: 324.75May 2025: 325.83June 2025: 326.74July 2025: 327.83August 2025: 328.30September 2025: 328.50October 2025: 327.56November 2025: 329.17December 2025: 327.17January 2026: 329.78February 2026: 334.28March 2026: 341.99April 2026: 347.44May 2026: 355.56June 2026: 351.99July 2026: 353.63August 2026: 357.54September 2026: 365.00October 2026: 365.14365.14
Construction input prices leveled off in October at a 25-month highLine chart with 25 points from October 2024 to October 2026. Series: value. Values range from 318 to 365.3003203403603802024-102025-102026-1012-period average 346.56October 2024: 319.20November 2024: 318.48December 2024: 317.95January 2025: 322.14February 2025: 323.96March 2025: 325.31April 2025: 324.75May 2025: 325.83June 2025: 326.74July 2025: 327.83August 2025: 328.30September 2025: 328.50October 2025: 327.56November 2025: 329.17December 2025: 327.17January 2026: 329.78February 2026: 334.28March 2026: 341.99April 2026: 347.44May 2026: 355.56June 2026: 351.99July 2026: 353.63August 2026: 357.54September 2026: 365.00October 2026: 365.14365
October 2026 is preliminary. BLS revised June through September with this release. Source: fred.stlouisfed.org
DateTrendCategoryTitleSummary
DataConstruction input prices held flat in October as diesel fell 4.6% and steel rose 2.7%BLS producer prices for goods bought by construction were flat in October 2026 and stand 11.5% above a year earlier, with steel up and diesel down.
DataHow to adjust construction spending for inflation, which turns September's 2.3% nonresidential gain into a 3.0% declineDividing Census spending by a BLS construction price index separates price from volume, for national data and for your own revenue and backlog.
DataConstruction employment slipped by 3,000 in October as residential specialty trade contractors cut 15,200 jobsBLS says construction employment fell by 3,000 to 8,367,000 in October 2026 as residential specialty trade contractors cut 15,200 jobs.
DataHow to weigh crew hours by BLS fatal injury rates, from roofers at 48.7 to electricians at 5.3 FeatureBLS fatal injury rates by trade turn a contractor's hours by occupation into a blended rate that shows which crews carry its fatality exposure.
DataConstruction job openings rose 14% to 298,000 in September as quits reached 198,000, the most in 25 monthsBLS says construction job openings rose to 298,000 in September 2026 from a revised 262,000 in August, and quits rose to 198,000.
DataHow to adjust a crew wage rate to another metro with BLS OEWS data, from $26 in Houston to $42 in ChicagoBLS OEWS wages let an estimator scale a home-market crew rate to another metro. In this example a $26 Houston carpenter rate becomes $42 to $45 in Chicago.
DataConstruction unemployment was 3.5% in September, and ABC's state estimates run from 1.7% in Maryland to 9.5% in North Dakota FeatureBLS put September construction unemployment at 3.5%, and ABC's state estimates range from 1.7% in Maryland to 9.5% in North Dakota.
DataConstruction employment rose in 180 of 360 metro areas in the year to September 2026, with Baton Rouge up 27%AGC's ranking of BLS metro data shows construction jobs up in 180 of 360 areas and down in 118 from September 2025 to September 2026.
DataHow to compute labor burden per hour worked, with a $50 wage that costs $70.86Labor burden adds payroll taxes, insurance and benefits to wages. This example turns a $50 wage into $70.86 per hour worked and checks it against BLS.
DataPrices of goods bought by construction rose 2.2% in September, led by a 24% jump in diesel FeatureBLS producer prices for goods bought by construction rose 2.2% in September and 11.2% in a year. Nonresidential building prices rose 5.4% in a year.
DataHow to tie a steel escalation clause to a BLS producer price index, with a $1.2 million exampleAn escalation clause moves a fixed price with a named BLS index. This example adjusts $1.2 million of steel with a 3% trigger and a 10% cap.
DataHow to compute TRIR and DART from your OSHA 300 log, with a drywall contractor exampleTRIR and DART divide recordable cases by hours worked. This example computes both for a drywall contractor and compares them to BLS 2024 rates.
DataCommercial furniture prices rose 3.9% in the year to August as steel rose 23% FeatureBLS says producer prices for commercial furniture hit a record in August 2026, up 3.9% in a year, as steel mill products rose 23.4%.
DataHow to track job hazard analyses as a leading safety indicatorEach signed JHA records a task, a crew and a risk score. Counted weekly, JHA coverage and crew participation show safety gaps before an injury.
DataHow to measure labor productivity from daily logs and timecards, with a drywall exampleUnits installed per labor hour come from the daily log and the timecards. This example tracks a drywall crew for 10 days against its estimate.
DataConstruction added 11,000 jobs in September, led by nonresidential specialty trade contractorsBLS says construction employment rose by 11,000 to 8,364,000 in September 2026, led by nonresidential specialty trade contractors.
DataConstruction jobs rose in 177 of 360 metro areas from August 2025 to August 2026, led by Houston and Baton RougeAGC's ranking of BLS metro data shows construction jobs up in 177 of 360 areas and down in 126 from August 2025 to August 2026.
DataConstruction job openings fell 16% to 251,000 in August after BLS cut July to 299,000BLS says construction job openings fell to 251,000 in August 2026 from a revised 299,000 in July, as hires and layoffs also fell.