Vol. 25, No. 31 September 8-12, 2025 Input prices climb in August as tariffs hit metals, lumber; pricing outlook is mixed; DMI soars in JulyMaterials Inflation Outpaces Bids Amid TariffsInput prices for new nonresidential construction rose 0.2% in July, not seasonally adjusted, and 2.5% year-over-year (y/y), according to producer price index (PPI) data the Bureau of Labor Statistics (BLS) posted on Wednesday… Read more Copper, Steel May Climb As Lumber SoftensThe outlook for materials prices varies. Copper futures prices have been volatile but are currently 15% higher than at the beginning of the year… Read more New Factsheets Detail Construction’s Role In Each StateAGC posted an updated set of factsheets with information about the role of construction in each state’s economy and employment in the United States, each state and major metro areas… Read more Dodge Momentum Index Jumps, Led By Data CentersThe Dodge Momentum Index (DMI)—“a monthly measure of the value of nonresidential building projects going into planning, shown to lead construction spending for nonresidential buildings by a full year”—climbed 7.5% in July from a downwardly revised June reading, Dodge Construction Network reported on Monday… Read more Tourism Slowdown Risks Lower Retail And Lodging Growth“Tourism hubs from Hawaii to New York are reeling from a decrease in Canadian visitors,” Stateline posted today. “[H]ospitality businesses this summer reported a sharp decline in visitors from the North—Canadian travel to New Hampshire is down about 30% this year, according to state officials… Read more