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Home » Topic » Business » Economy

Majority of Contractors Fear Long-Term Implications of COVID-19 on Their Businesses, Survey Says

by Maggie Murphy | Oct 2, 2020
Departments | Economy | Markets

A recent survey reveals that most contractors have been negatively impacted by COVID-19 in some fashion, and they expect to see the trend continue into 2021.

ABC’s Construction Backlog Indicator Rebounds in August; Contractor Optimism Builds

by ABC | Sep 15, 2020
Economy | Markets

Associated Builders and Contractors reported that its Construction Backlog Indicator rebounded to 8.0 months in August, an increase of 0.2 months from July’s reading, according to an ABC member survey conducted Aug. 20-Sept. 1.

COVID-19 Crushes Construction Starts in Most Metro Areas During First-Half 2020

by Dodge Data and Analytics | Sep 8, 2020
Economy | Markets

The damage to commercial and multifamily construction during the first half of the year was palpable. Commercial and multifamily construction starts in the top 20 metropolitan areas posted a 22% drop through the first six months of 2020.

Nonresidential Construction Spending Falls Again in July, Says ABC

by ABC | Sep 2, 2020
Economy | Markets

National nonresidential construction spending fell 1.2% in July, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.

Construction Executive 2020 Economic Survey

by Construction Executive | Aug 19, 2020
Economy | Markets

CE seeks to gauge contractors' experiences and market predictions as the pandemic lasts through the remainder of 2020.

Construction Output Drops Significantly Due to COVID-19, Says ABC

by ABC | Aug 10, 2020
Economy | Markets | Total Human Health

The U.S. economy contracted at an annualized rate of 32.9% during the second quarter of 2020 due to declines in personal consumption, exports and private inventory investment, among other factors.

PPP Loan Extension Ending Aug. 8

by Construction Executive | Jul 30, 2020
Economy | Legislation | Markets

There is just over one week left to apply for the extended period of the Paycheck Protection Program, which will accept new applications through Aug. 8.

The Bottom Line With Anirban Basu—July 14, 2020

by ABC | Jul 29, 2020
Economy | Markets | Total Human Health

Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.1 months in June.
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