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09 Jul
17:30

Contractor group issues construction price inflation alert

The Associated General Contractors (AGC) of America has issued a third update to its construction price inflation alert during this year, Kallanish understands. According to the latest update, overall input construction costs remain up 24.3% on-year in May with significant increases in costs for lumber/plywood (up 111%) and steel mill products (up 76%). Along with increasing input prices, supply chain issues continue to plague the US construction industr…
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