Commercial Construction Index Report Shows Contractor Optimism Growing Well into 2021
Pricing and scarce inventory of building materials continues to hinder small contractors and local building companies competing with big brand home improvement stores. Illinois (PRUnderground) December 22nd, 2020 Covid-19 has created a pricing and inventory frenzy across the USA on building materials. Prices of building materials continue to rise as housing demand increases during the winter months and into 2021. Home Depot Inc. and Lowe’s Cos., reported sales were up 24% and 30% for the recently ended quarter, as global inventory shortages make it harder for local building compani...