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Data Watch: Labor Shortages Drive Up Project Costs, Slow Down Timelines
An ongoing construction labor shortage is affecting the speed and cost of renovation projects in the U.S., according to the latest Houzz Renovation Barometer, out this week. The barometer index tracks sector optimism among architects, designers, general contractors and remodelers, design-build firms, building and renovation specialty firms, and landscape and outdoor specialty firms. Half of building professionals reported that labor shortages ar…

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