Global construction struggles with materials shortages and prices

By Mike Hayes07 June 2021

Growing supply chain issues are endangering the construction industry’s recovery and with it the economic recovery of many nations worldwide, according to industry analysts and construction trade associations.

Amid growing demand, a lack of ready construction materials and products is said to be compounding challenges such as soaring materials prices, ongoing coronavirus measures and worker shortages, leaving many contractors unable to confidently move forward with major projects.

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