No End in Sight as Engineering and Construction Costs Edge Upward for the Eight Straight Month
Business Tools
On: June 24, 2021 | By:
Engineering and construction costs rose for the eighth consecutive month in June, according to IHS Markit and the Procurement Executives Group (PEG), as materials and equipment costs continued to push costs upward. Semiconductor supply has proven especially troublesome as manufacturers struggle to ramp up production to meet expanding demand in a post-pandemic economy.
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