The arrival of the COVID-19 pandemic forced countless companies in New Jersey to adopt new business models to keep their operations floating. Also, limited or paused activities in leading manufacturing hubs worldwide led to a massive supply chain mess across many industries. Moreover, the bottlenecks in major ports have caused delays in procuring goods amid high market demands. These shortages in essential products and raw materials are one of the main reasons for inflation in the past year. The country’s inflation rate trended at 5% or higher last year, peaking at 7% in December 2021. One of the most affected sectors in the supply chain turmoil is the construction industry. Numerous contractors have difficulty getting hold of the materials they need for specific projects because of
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