US AGC updates Construction Inflation Alert: material costs +11.9% yoy — input-cost pressure becomes a constraint on contractor tech spending
AGC released an update to its Construction Inflation Alert: US construction material costs rose 11.9% year on year as of September 2026 — more than three times the rise in consumer prices (3.7%) — driven mainly by diesel price increases and supply chain disruptions. Related coverage (ABC analysis, Nov 2) puts input costs up 11.2% yoy. AGC also reported US construction spending fell in September except for the data center and power project segments, which surged.
AGC released an update to its Construction Inflation Alert: US construction material costs rose 11.9% year on year as of September 2026 — more than three times the rise in consumer prices (3.7%) — driven mainly by diesel price increases and supply chain disruptions. Related coverage (ABC analysis, Nov 2) puts input costs up 11.2% yoy. AGC also reported US construction spending fell in September except for the data center and power project segments, which surged. - **Why it matters:** Input-cost pressure is making contractors cut all non-essential spending while simultaneously pushing them to seek efficiency — two effects that bo