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Economy

Economy

October Is Federal Construction's Black Friday. Most Contractors Miss It

Federal fiscal year 2027 starts October 1 and agencies flood the street with new construction solicitations. The FY calendar, the September crunch, and how to be ready.

Danny Reeves · 2026-09-27

Key Metrics

PPI materials

267.4

index
↑ +6.2%YoY Mar 2026

Producer Price Index for construction materials. Measures input cost inflation for contractors.

Lumber

$487/MBF

↑ +12%Spot

Random Lengths composite price. Volatile — driven by Canadian tariffs and housing demand cycles.

Steel HRC

$820/ton

↓ -3%Spot

Hot-rolled coil steel. Key input for structural and rebar. Tariff-sensitive.

Construction GDP

+2.1%

↑ Q4 2025Quarterly

AGC confidence

58

↓ -3ptsQ1 2026

PPI Construction Materials (Index)

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