One day there will be a book on the ups and downs of state gas taxes and infrastructure finance—with a whole chapter dedicated to what is unfolding during the inflation surge of 2021 and 2022.
As the height of the pandemic continues to recede, contractors still face several ongoing issues, including sky-high materials prices and staff shortages.
As fears of a potential recession grip consumers, spurred by the Trump administration’s announcement of tariffs on Chinese imports, IHS Markit is reporting a 0.9% overall decline in commodity prices in the Materials Price Index released on Aug. 21.
The Commerce Dept. announced July 21 that an investigation has found steel concrete reinforcing bar from Taiwan is being sold in the U.S. market at unfair, below-market prices.
