Dateline 2008: Contractors need — and find — solutions to rising costs

Description

Abstract: Just as consumers are paying more for gasoline and groceries, contractors are feeling the pinch of escalating material and fuel costs. This article explores the forces that are causing today’s price escalations, including strong demand for construction materials overseas and higher energy costs stateside. But it also offers some practical solutions that you can employ to help keep your costs under control. A sidebar offers a reality check on whether it’s time to raise your rates.