the PPI for construction machinery and equipment has also risen steadily. Like all prices, there are regional differences within the United States, as noted by the cost index of construction materials, installation, and composites within different cities. The PPI acts as a measurement for the average changes in prices that domestic producers receive for their output. In the United States, the PPI is one of the oldest continuous statistical datasets published by the government.
The production price index (PPI) for construction materials and components in the United States has risen fairly steadily, reaching over 300 in 2021, compared with the baseline of 100 in 1982. A PPI of 303.4 in 2021, indicates that the real-world price has risen by 203.4 percent in comparison to the base year - 1982 in this case. Similarly, under the same baseline, U.S. materials and components for construction producer price index from 1947 to 2021
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Bureau of Labor Statistics. (March 25, 2022). U.S. materials and components for construction producer price index from 1947 to 2021 [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/195382/us-producer-price-index-of-construction-materials-since-1990/
Bureau of Labor Statistics. "U.S. materials and components for construction producer price index from 1947 to 2021." Chart. March 25, 2022. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/195382/us-producer-price-index-of-construction-materials-since-1990/
Bureau of Labor Statistics. (2022). U.S. materials and components for construction producer price index from 1947 to 2021. Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/195382/us-producer-price-index-of-construction-materials-since-1990/
Bureau of Labor Statistics. "U.S. Materials and Components for Construction Producer Price Index from 1947 to 2021." Statista, Statista Inc., 25 Mar 2022, https://www.statista.com/statistics/195382/us-producer-price-index-of-construction-materials-since-1990/
Bureau of Labor Statistics, U.S. materials and components for construction producer price index from 1947 to 2021 Statista, https://www.statista.com/statistics/195382/us-producer-price-index-of-construction-materials-since-1990/ (last visited May 23, 2022)