Construction materials and supplies...

Construction materials and supplies price inflation gentle

The Labor Department's composite measure of prices for the whole range of construction materials and supplies knock down 0.8 percent between August and September, the secondary straight month of decline following three consecutive month of increase. Despite hardy construction market demand, overall construction sector inflation has been surprisingly reasonable during 1999. The September 1999 composite price index was merely 1.1 percent higher than in September 1998 However, price trendings have varied widely among specific kinds of