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2023

Biden’s Infrastructure Boom Is Being Held Back By High Construction Costs

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Via AG Metal Miner   The latest construction news reports that while interest rates remain high, inflation is finally losing steam. This could go a long way toward helping U.S. construction projects. However, the Construction MMI (Monthly Metals Index) continues to experience pull in both directions. This is mainly due to ongoing labor shortages and the inflated cost of materials plaguing construction efforts. While it appears the Fed’s hawkish stance on interest rates finally started to slow down inflation, the cost of construction…














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