Part of the challenge of delivering projects is that finding labor to complete the work, especially for specialized jobs, could be difficult, leading to slower construction timelines. This shortage of workers will most likely lead to much higher labor costs just as these infrastructure projects begin to break ground, industry experts told Construction Dive. Joe Natarelli, national leader of Marcum’s Construction Services practice, predicts wages will go up “significantly.” Material shortages and price increases could also pose a problem, but Arnold thinks those will subside over time. Nevertheless, while labor and materials issues could provide at least short-term constraints, Arnold thinks the infrastructure package will ultimately prolong a post-COVID-19 upturn that is only in its infancy.
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