Increased cost of materials hammers builders' margins

February 2006
Business North Carolina;Feb2006, Vol. 26 Issue 2, p28
The article reports on the trend in the construction industry in North Carolina as of February 2006. Several factors contributed to an increase in the demand and price instability of building materials. An outlook for public-sector jobs for contractors is presented. Data is given on housing prices. The effect of mortgage rates on residential housing is examined. INSET: CHANGE ORDERS.


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