State of the State 2023: Construction sector faces inflation, labor, supply chain issues

by George Jared (gjared@talkbusiness.net)

Arkansas’ construction sector dealt with a mix of new and old problems in 2022. Record inflation, interest rate hikes, and chronic supply chain issues continued to plague the industry during the last year and going into 2023.

Despite those problems, Nabholz CEO Jake Nabholz told Talk Business & Politics the company had a banner year and 2023 is projected to possibly be even better.

“I think everybody had a really good year,” he said. “As an industry we had to overcome record inflation and continued supply chain issues. We are excited about 2023, but I’m anxious to see what happens in 2024.”

https://talkbusiness.net/2023/01/state-of-the-state-2023-construction-sector-faces-inflation-labor-supply-chain-issues/