AGC survey finds project delays, labor shortages worsening for construction

Dive Quick:

  • A new survey of contractors provides a bleak snapshot of the building market just about six months into the coronavirus pandemic, discovering that the share of contractors who have had long term assignments canceled or delayed because of to COVID-19 has arrived at sixty% — nearly double the sum from June.
  • In addition, 33% of firms mentioned assignments by now in development had been halted because of to the pandemic, in accordance to the survey by the Connected Normal Contractors of The us (AGC) and program firm Autodesk.
  • It also noted that the pandemic has exacerbated the industry’s persistent labor shortage, with 44% of firms that tried to remember laid-off or furloughed personnel expressing that some workers have refused to return to get the job done, citing a desire for unemployment benefits, virus concerns or relatives tasks.

Dive Insight:

The results of the survey, which polled a lot

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