The Pulse | Q2 2023 Edition | Greater Boston Market
The vulnerabilities of the global supply chain have caused major disturbances in pricing and lead time for the construction industry. Everyone we speak with on this topic has an example of a recent project where materials didn’t ship on time, releases weren’t timely, pricing increased, or the quoted lead time was so long that schedules had to be extended. These historically long lead times have mostly stabilized, while pricing for electrical components continue to increase. This update is a snapshot of today and we implore you to reach out with questions should you have any.
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