AGC Reports Construction Input Costs Rise 6.2 Percent Through August

Prices for goods and services used in construction costs climbed 6.2 percent over the past year, intensifying a cost squeeze on contractors grappling with widespread labor shortages, according to an analysis by the Associated General Contractors of America of new Labor Department data. Association officials noted that the cost increases come as many construction firms are already grappling with the impacts of labor shortages....

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