Thursday, July 16, 2020

Commercial Constuction Industry Ill Prepared for COVID-19 Related Bankruptcies

Experts are warning of a wave of bankruptcies in the wake of the coronavirus pandemic.

How the pandemic will impact the construction industry is uncertain. Anecdotally, we’ve been hearing from clients that some project owners are stalling projects that are still in the planning stages as they evaluate the situation, which suggests long term impacts that can be ridden out rather than short term impacts that can devastate on-going construction projects.

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1 comment:

Unknown said...

I think this pandemic will be a huge bright spot for modular construction. With the efficiency and speed it may help make projects more feasible. A marketing video I completed pitching modular construction: