Building material prices have become the calm in America’s economic storm

Industry News

Commercial and institutional construction spending is projected to be down 6.9 percent and 13 percent, respectively, in 2022, impacted by macroeconomic factors that include increasing demand for long-lead equipment, material shortages caused by supply-chain snags and the Russia-Ukraine war, and the instability of costs for fuel and labor.That easing of demand has allowed key commodity…

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