By Michael Roth The Marcum Commercial Construction Index reports that the construction industry faces rising costs and shortages of labor and materials, but now also must contend with a weakening economy and elevated borrowing costs. The Marcum Commercial Construction Index for the second quarter of 2022 reports that the construction industry continues to face rising costs and shortages of both labor and materials, but now also must contend with a weakening economy and elevated borrowing costs. The residential sector has weakened significantly, while the outlook remains dicey for the nonresidential sector. READ FULL ARTICLE>>
