The coronavirus pandemic has caused more than one out of four contractors to halt or delay work on current projects, according to a survey released today by the Associated General Contractors of America.

Construction employment increased in 32 states in January compared to both December and January 2019, according to an analysis by the Associated General Contractors of America of Labor Department data released today.

“Halting construction activity will do more harm than good for construction workers, community residents and the economy. Construction firms are already acting to ensure the safety and health of their employees in the face of the coronavirus outbreak..."

“The risk of recession over the next three to six months is arguably more elevated than at any period since 2007,” said economist Anirban Basu, noting that the U.S. economy has been defying predictions in an extended period of growth that's seemed too good to be true for some time.

What does COVID-19 have to do with construction projects? For starters, construction materials are frequently imported.

The Hilti Group increased sales by 4.3 percent in 2019 to CHF 5.9 billion amid a challenging economic and currency environment.

Following the example of most governmental and educational institutions, AWCI and CISCA decided to cancel this year’s annual seminars and trade shows taking place at INTEX through March.

With the number of cases rapidly rising, the novel coronavirus has quickly become a global threat, not only to individual safety and health, but also to economies and businesses.

AD will be shifting to a virtual format for its Industrial and Safety – U.S. and PHCP spring network meetings, both scheduled for this month, after carefully weighing the potential impacts of coronavirus on its members and supplier partners.