Cost Data April 2024 Update


 

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Cement Prices

Cement prices decreased 0.1% in February, following a 4.2% increase in January, according to the Bureau of Labor Statistics’ producer price index. Annual escalation for the index sits at 6.5%, down from 7.9% the previous month. ENR’s 20-city average monthly price for masonry cement rose 0.3% in April, while yearly prices decreased 3.3%. All types of ready-mix concrete and all types of concrete block experienced yearly increases in April, according to ENR’s data. Prices for portland cement are up 3% since March, while yearly prices experienced a 27.1 % increase.

PVC Pipe Prices

Prices for PVC pipe products declined 0.1% in February, after rising 0.2% in January, according to the Bureau of Labor Statistics’ producer price index for plastic construction products, which consists largely of PVC pipe. The annual escalation sits at –2%, up from –3% the previous month. ENR’s 20-city average price for both types of copper water tubing experienced yearly increases in April. Monthly prices for 6-in. ductileiron pipe declined 2.2%, while yearly prices increased 22.5%.

Plywood Prices

Plywood prices decreased 0.4% in February, following an increase of 0.3% in January, according to the Bureau of Labor Statistics’ producer price index. The annual index sits at -0.5%. Prices for pine 2x4s are down 10.9% from April 2023’s level, while monthly prices experienced a decline of 1.3%, according to ENR’s data. ENR’s 20-city average monthly price for plyform rose 0.4% in April, while yearly prices experienced a 2.6% increase.

Aluminum Sheet Prices

The price for aluminum sheet increased 0.4% in February after declining 1.2% in January, according to the Bureau of Labor Statistics’ producer price index. The annual index sits at -5.2%, up from -5.4% the previous month. ENR’s 20-city average monthly price for reinforcing bars fell 1.1% in April, with yearly prices increasing 14.7%. Both types of stainlesssteel plate prices experienced yearly increases in April, according to ENR’s data. Prices for all types of stainless-steel sheet experienced monthly decreases in April.

* Data provided by ENR.com.