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Slow Payments Cost $299 Billion in 2025—a Hidden 14% Tax on U.S. Construction

Summary by Hastings Tribune
AUSTIN, Texas, Nov. 13, 2025 (GLOBE NEWSWIRE) -- Rabbet today released the 2025 Construction Payments Report, finding that slow and inconsistent payment practices function like a hidden 14% tax on projects—costing the U.S. construction market an estimated $299 billion in…

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Hastings Tribune broke the news in on Thursday, November 13, 2025.
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