Construction Supply Chain Update - May 2023 - STO Building Group
Back-to-work policies in the office sector have gained more and more momentum as of late; even so, office construction is not feeling the full effects just yet. Construction spending on manufacturing projects has reached record levels, with businesses being enticed to establish production right here in the U.S. The availability of electrical gear, however, still poses a challenge and exceptionally long lead times aren’t improving. Our May Supply Chain Market Update covers these topics in detail and also presents the potential consequences they can have right now and in the future.