Construction in the manufacturing sector has been booming over the last year, thanks in part to Federal encouragement. That said, the U.S. economy still relies on foreign manufacturing.
Bruce Ridenour has been a contractor for 40 years and said local contractors in Danbury, Connecticut don’t have bandwidth to handle all the new demand.
A record-high percentage of firms are facing supply shortages, the National Association for Business Economics found, and most are passing cost increases om to customers.