Producer Prices For Construction Materials And Services Jump 24 Percent Over 12 Months, Threatening Contractors’ Solvency And Workers’ Jobs
Construction Association Calls on President to Immediately End Tariffs and Quotas on Steel, Aluminum, and Lumber as First Step to Easing Pressure on Construction Costs and Supply-Chain Bottlenecks The cost of goods and services used in construction climbed by a record-setting 4.3 percent in May and 24.3 percent over the past 12 months, jeopardizing contractors’ [...]