Rising construction costs in early 2025 were fueled by a rush to buy materials before new tariffs took effect, giving domestic producers more pricing power, the Associated Builders and Contractors trade group reports.
With tariffs in place against America’s three largest trading partners — and a crackdown in undocumented workers — how will the roofing and broader construction industry manage?
In this latest "Best of Success" podcast, Legal Insights columnist Trent Cotney analyzes the effects of the new Trump-era tariffs on Canadian, Mexican, and Chinese imports, warning roofing contractors about rising material costs. He also discusses the labor shortage caused by stricter immigration policies.
Approaching more stability after the volatility of the past couple of years, sales of new single-family homes in the US significantly corrected down in June, at 697,000 units, which is 2.5% lower than May's downwardly revised 715,000, but up almost 24% compared to June 2022.