Virus Crisis and Recession Putting Construction Recovery at Significant Risk

Economic numbers continue to be mixed during pandemic

The COVID-19 pandemic has wreaked havoc on the nation's building markets during the first half of 2020. Dodge Data and Analytics reports that while the industry looked pretty decent in January and February it fell apart in March as the recession really kicked in. Commercial and multifamily starts dropped 21% as a result. This group is comprised of stores, hotels, office buildings, warehouses, commercial garages and multifamily housing.

Read more in the link below.

Back to Demolition Insights Home