Construction Costs Soar in May, New Tariffs Threaten to Worsen Cost Squeeze, Lead to Project Delays

Construction costs accelerated again in May, with steep increases for a wide range of building and road materials, including many that are subject to tariffs that could drive prices still higher, according to an analysis by the Associated General Contractors of America of new Labor Department data. Association officials say that the construction industry will bear a heavy share of the tariffs' costs....

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