Producer Prices For Construction Materials And Services Soar 26 Percent Over 12 Months As Contractors Cope With Supply Hitches, Weak Demand

Construction Officials Caution that Rising Materials Prices Threaten to Undermine the Economic Recovery as Many Construction Firms are Unable to Capitalize on the Economic Re-Opening and Add New Staff Unprecedented price increases for a wide range of goods and services used in construction pushed up contractors’ costs by a devastating...