PRODUCER PRICES OF HIGHWAY AND STREET CONSTRUCTION
PRODUCER PRICES OF HIGHWAY AND STREET CONSTRUCTION
Producer Price Index: Highways and Streets (monthly data, not seasonally adjusted)
Road Construction Costs (Index) (quarterly data, not seasonally adjusted)
Construction prices for highways and streets represent the price to government in providing a key component of transportation infrastructure.
| Price Index (Jun-1986=100) | May-00 | May-01 |
|---|---|---|
| Highways and streets | 135.80 | 139.60 |
| Highways and streets percent change from same month previous year | 7.86 | 2.80 |
NOTE: The current value is compared to the value from the same period in the previous year to account for seasonality.
Data from February 2001 to May 2001 are preliminary.
SOURCE: U.S. Department of Labor, Bureau of Labor Statistics, available at: http://www.bls.gov/datahome.htm.
| Index: 1987 = 100 | Q1 00 | Q1 01 |
|---|---|---|
| Road construction costs | 138.10 | 151.20 |
| Road construction costs percent change from same quarter previous year | 5.66 | 9.49 |
NOTE: The current value is compared to the value from the same period in the previous year to account for seasonality.
Trends in highway construction costs are measured by an index of average contract prices compiled from reports of state highway contract awards for federal-aid contracts greater than $500,000. Since the enactment of the Intermodal Surface Transportation Efficiency Act of 1991, the index reflects federal-aid contracts on the National Highway System.
SOURCE: U.S. Department of Transportation, Federal Highway Administration, press release FHWA 19-01, May 9, 2001, and previous releases.