Inflation Drove Subcontractor Spending up $97 Billion Above Plan in 2022

New research shows that U.S. subcontractors spent $97 billion more on materials and labor last year than they had planned in 2022, impacting their profitability. It’s well-known that inflation has driven up the cost of just about everything but the figures from a new study of subcontractor spending puts a hard – and troubling – […]