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)

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Producer Price Index: Highways and Streets (monthly data, not seasonally adjusted). If you are a user with a disability and cannot view this image, please call 800-853-1351 or email answers@bts.gov for further assistance.

Road Construction Costs (Index) (quarterly data, not seasonally adjusted)

Road Construction Costs (Index) (quarterly data, not seasonally adjusted). If you are a user with a disability and cannot view this image, please call 800-853-1351 or email answers@bts.gov for further assistance.

Construction prices for highways and streets represent the price to government in providing a key component of transportation infrastructure.

Producer Price Index (Jan-92=100) Mar-01 Mar-02
Highways and streets  126.3  121.7
Highways and streets percent change from same month previous year   1.03  -3.64

NOTES: The current value is compared to the value from the same period in the previous year to account for seasonality. The base period of the original index is June 1986. January 1992 is set to be the new reference point (=100) by dividing the values of the original index by the value of January 1992 in the original index. It is important to point out that this process changes only the reference point, and not the base period of the index because the weight structure of the index did not change.

Data from December 2001 to March 2002 are preliminary. The base period of the original index is June 1986. January 1992 is set to be the new reference point (=100) by dividing the values of the original index by the value of January 1992 in the original index. It is important to point out that this process changes only the reference point, and not the base period of the index because the weight structure of the index did not change.

SOURCE: U.S. Department of Labor, Bureau of Labor Statistics, available at: http://www.bls.gov/ppi/.

Road Construction Costs Index: 1987 = 100 Q3 00 Q3 01
Road construction costs  137.9  140.6
Road construction costs percent change from same quarter previous year   4.63   1.96

NOTES: 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, publication FHWA-IF-02-007, Jan. 10, 2002, and previous releases.