Report: Materials prices up 20 percent in 2021
Officials from the Associated General Contractors of America (AGC) say impending and existing tariffs on construction materials will exacerbate inflation.
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Supply chain bottlenecks, materials prices still causing issues
Construction employment slipped by 20,000 in May as supply chain problems and record materials cost increases continue to plague nonresidential contractors.
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Nonresidential construction outlays drop for fourth straight month
Weak demand and supply chain woes make further declines likely, the Associated General Contractors of America reports.
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Rising material prices, supply chain disruptions becoming problematic
New data shows that skyrocketing costs for materials are harming most construction firms. The Associated General Contractors of America elaborates.
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