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Tariffs Worry Texans, But Activity Remains Steady

Tariffs imposed on steel, lumber and aluminum have caused concern for some Texas builders, but industry activity has been brisk despite subsequent cost increases. So reports D Magazine.

According to information from the Federal Reserve Bank of St. Louis, material costs have risen 6% for "inputs to the construction industry in the first 11 months of 2018." The cause for the price increases are difficult to pinpoint, as other factors like supply shortages and transportation holdups also contribute.

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