The price of a foot of water pipe in Tucson, Arizona: up 19 percent. The cost of a ton of asphalt in a small Massachusetts town: up 37 percent. The estimate to build a new airport terminal in Des Moines, Iowa: 69 percent higher, with a several year delay.
Inflation is taking a toll on infrastructure projects across the U.S., driving up costs so much that state and local officials are postponing projects, scaling back others and reprioritizing their needs.
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