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October 18, 2021

Fueled by global supply chain shortages, contractors traded product certainty over pricing, fueling higher non-residential construction prices in the fourth quarter and well into 2022.

Despite early recognition as an essential industry or perhaps because of it, contractors have not been immune to the supply chain shortages that have affected large segments of the global economy. Commodities such as steel, copper, plywood, and other raw materials have been in short supply for months due to labor shortages in the manufacturing...
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