The same material costs that have plagued homebuilders in the Spokane area also are creating havoc with large-commercial construction companies across the country.
The Associated General Contractors of America released a survey last week showing 93% of more than 1,400 respondents are reporting higher costs for materials, parts and supplies.
While construction has remained one of the economic bright spots during the pandemic, the supply-chain problems threaten to derail that momentum as many companies are reporting that projects have been either delayed or canceled, said Ken Simonson, the AGC’s chief economist during an online discussion about the survey.
“One year after the pandemic struck, it is still having severe
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