Articles Tagged with ''COVID-19''

The disruptions created by the coronavirus will certainly create ripples through the economy and construction industry for months to come. The SFIA expects that many have questions about what these impacts could be so it is adding a special session to this year's agenda called, “Feedback and Forecast 2020.” 

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.

On March 17, 2020 AD held its first ever live virtual member meeting, welcoming over 250 member distributors in their Industrial & Safety – U.S. division to the event.

“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.