Persistently High Inflation and Its Impact on Construction Pricing
Chief Economist, MOCA Systems, Inc.
This quarter’s edition highlights the persistently high inflation and its continued impact on construction pricing. An old Wall Street maxim states that the best cure for inflation is high prices, and that is bearing out in some corners of the construction economy as owners are beginning to balk. Materials prices are easing, but labor availability and wages are prevailing issues and have become the biggest concern among contractors.
Download our Q4 Construction Economy Report and get all the details from MOCA Chief Economist Tom Sanders.
Tom Sanders, CCEA, CBA
Lead Economist at MOCA Systems
Tom Sanders is the lead economist for MOCA Systems, Inc., a leading owner’s representative firm providing program and project management services. Tom provides independent market analyses for military construction projects. He is a retired USAF Reserve Colonel with 30 years of service.
