Building material costs are up 21% compared to a year ago and persistent supply chain bottlenecks remain the most urgent challenge for builders this year.
The double-digit sales gain in December was likely due to motivated buyers who were seeking to sign sales contracts before interest rates move higher at the start of 2022.
The agreement expands Tarkett’s distribution network in geographies of Florida and Georgia, with expanded reach for the residential market that also includes South Carolina and Alabama.
From February 2020—the month before the pandemic caused projects to be halted or canceled—to last month, construction employment decreased in 32 states and increased in only 18 states and D.C.
