Record-long lead times and rising material prices are the result of the recent economic impacts across the globe. Our team connected with over 250 trade partners to review recent disruptions and forecast upcoming price and schedule impacts. To help plan your projects and mitigate disruptions, we outlined additional increases on critical materials and lead times delays, as well as strategies for risk mitigation. Looking ahead, we anticipate a labor shortage further compounding price escalation as infrastructure spending further saturates the market.
Market Outlook: June 2021
Peter Capone, Director of Purchasing & Jared Lachapelle, VP of Pre-construction
To access a full PDF of this information, click here: 2021 Market Outlook_06.01.21