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The PPI for Final Demand Construction has shot upwards 28.66% over the past 18 months. This index only goes back to Jan 2010 and, until Mar 2021, it was a fairly steady rising slope of about 2.5% per year. Do we have any Final Demand data that goes back further in time that could give us an idea of what might happen after the current peak? Should we expect it to regress to the mean or will it just flatten out and continue its earlier lower rate of increase?
How does the BLS define "trade services" in the PPI, especially as it relates to the various PPI's for construction?