Rising Material Costs: How Builders Can Adapt to Tariffs and Inflation
By Patrick Murphy, Founder & CEO, Togal.AI
The construction industry is feeling the pressure. Material prices are rising, tariffs are taking hold, and interest rates remain high. Put together, these forces reshape how projects are financed, planned, and built. Add to that a persistent labor shortage, and the construction industry faces a perfect storm: higher costs, fewer workers, and slimmer margins.