In my 40 years in the construction industry, I have never seen anything like the shortages and rapid price increases of building materials that are occurring today.
There are several reasons for the high prices, including inventory shortages, manufacturing issues, supply chain disruptions, wildfires, tariffs, and the strong demand for materials. And worst of all, no one knows how long this will last. But one thing is sure—contractors must be on top of their game to keep their businesses moving forward.
Listed below are a few tips to consider in these unprecedented times: