18 Mar TARIFF IMPACT: Real or Artificial to the Construction Industry
Posted at 20:31h in Construction, Tariffs, Uncategorized
At the beginning of 2018, construction material suppliers were raising prices in response to the pending import tariffs. Quoted prices increased 20% to 30% for steel and wood products. Some of these were passed along to Owners as change orders and others caused project redesign.
To determine the real impact one year later, I decided to review national pricing for key construction materials and was shocked by what I found.