Industrial Contractors who build warehouses are turning down jobs due to labor shortages. Some warehouses are on a two year waiting list. Electricians and welders are impossible to find.
Lot of work waiting for workers.
There is a 1-2 day supply of houses in my area. Most houses have 4-6 bids by the end of the second day on the market. I am working 12-14 hours a day everyday in construction and am booked for a long time. I have raised my prices 4 times this year and am still below market price.
Just did a bid for $200 for a simple repair that will take 1.5 hours including getting parts. Another guy bid $500 and was only doing half of the repair I have bid. So $500 for 45 minutes work.