Builders' Blues: Soaring Prices Hammer Construction Industry

Strong housing activity is driving demand for building materials that is resulting in a shortage of supplies and increasing prices. A report from John Burns Research and Consulting researchers Chris Beard and Matt Saunders found that roofing and insulation materials particularly are in short supply, with some manufacturers not able to meet demand. Areas hard-hit by storms are struggling to keep up with the demand for roofing materials. Compounding the problem is that manufacturers have not added

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