FIXr
As the COVID-19 virus continues to circulate the globe, many industries and jobs are beginning to feel the effects of the social distancing and quarantining that most people are doing to help keep themselves safe. In some areas, complete shelter in place orders are given, which are shutting down non-essential industries, while in other areas life is proceeding as normal, but at a slower pace.
To help determine the effect of this economic slow down on the construction industry, we reached out to 35 industry experts to get their take on how their business is impacted, and what their thoughts are for the future.
Some highlights from the report include:
- Many projects are proceeding, but some are experiencing interruptions
- Delivery of materials and supplies is impacted, but not at a tremendous rate
- Many homeowners are delaying their projects, but only for short periods of times
- Many experts feel optimistic that things will return to normal soon
