This all assumes that businesses and consumers can absorb the bump in prices due to the lack of a better deal. There are going to be plenty of construction contracts that Just Won’t Happen because they won’t be able to get the building materials they need to actually build something for a price that someone is willing to pay. That’s the kind of thing that can wreck a bottom line.
I don’t doubt what you’re saying.
This all assumes that businesses and consumers can absorb the bump in prices due to the lack of a better deal. There are going to be plenty of construction contracts that Just Won’t Happen because they won’t be able to get the building materials they need to actually build something for a price that someone is willing to pay. That’s the kind of thing that can wreck a bottom line.