Record Jump in Material Prices and Supply Chain Disruptions Threaten Construction Firms’ Ability to Complete Vital Nonresidential Projects
New Producer Price Index Data Shows Costs Outstripping Contractors’ Bid Prices as Firms Cope with Growing Delivery Delays, Limited Supplies of Key Items; Association Urges Relief from Tariffs An unprecedented leap in the price of goods used in construction and supply-chain disruptions are wreaking hardships on contractors and slowing projects, according to an analysis by [...]