Materials Prices Soar 20 Percent Between January 2021 And January 2022; Contractors’ Bid Prices Accelerate But Continue To Lag Cost Increases

Construction Association Releases New Inflation Alert to Inform Owners, Officials of Cost, Supply, and Labor Challenges; Urges Federal Officials to Take Additional Steps to Ease Supply Change Disruptions Prices of construction materials jumped more than 20 percent from January  2021 to January 2022, according to an analysis by the Associated General Contractors...