According to a Construction Dive article posted May 11, “The construction industry unemployment rate was 16.6% in April, up from 6.9% in March and far from the 4.7% posted in April 2019.”
In this month’s edition of “What’s Trending in Construction,” we continue our coverage of the COVID-19 pandemic, and how it’s been impacting our industry.
As we continue with our monthly “What’s Trending in Construction” articles, the overwhelming headline this month is COVID-19 and its impact on the construction industry.
As a result, we deemed it fitting to focus on this developing issue for our April edition with five articles that we feel our readers should know about.
Read below:
Construction Project Cancellations Rise Sharply
An article coming out of Globe St. (@globestcom) asserts what we’ve all been noticing across our industry: Construction project cancellations are on the rise due to the COVID-19 pandemic. The piece, which draws on market data from an Associated General Contractors of America survey, notes that 39% of contractors have reported either a halt or cancellation of their current projects.
A Special Message from AGC of America CEO Stephen E. Sandherr
Our monthly “What’s Trending in Construction” blog has been a big hit with our readers, so we’re back again with our March edition! For those of you who are here for the first time, welcome.
Here at Gadzoom, we pride ourselves on staying on top of the latest industry news. As part of that process, we like to take our five favorite articles each month and share them with our audience.