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Construction Inflation

Construction Inflation

Fact Sheet
Construction Inflation Fact Sheet

Construction Inflation In National Parks Projects
Since the passage of SAFETEA-LU in 2005, escalating fuel and construction material prices have had a significant impact on NPS road and bridge construction projects. The Producer Price Index for Highway and Street Construction, the Federal Government's index which tracks prices in the transportation construction industry, has increased at a rate higher than many other sectors as well as consumer prices, especially since 2003. The immediate effect of this will be that road and bridge projects needed to rehabilitate the National Park Service transportation system will be more expensive than originally planned. |
Download Fact Sheet | PDF Format | 52Kb

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