As we work through a post catastrophe storm world in Kentucky, there are some lessons to be learned that are valuable to our customers. Construction costs are increasing at varying rates depending on the sources. One article cited a 23.1% increase in material costs alone over the 12-month period prior to August 2021. Another chart showed a 123% increase in material costs since 2015. Employment costs have increased 1.1% in just the 3 months ending December 2021 according to the Bureau of Labor Statistics.