New Industry Outlook Finds Most Contractors Expect Demand for Many Categories of Construction to Decline, Few Firms Expect the Industry to Recover to Pre-Pandemic Levels Soon, but will Sustain IT Investments
Most contractors expect demand for many types of construction to shrink in 2021 even as the pandemic is prompting many owners to delay or cancel already-planned projects, meaning few firms will hire new workers.
McShane Construction Company has been selected by Avenida Partners to provide construction services for Avenida Hendersonville, a new active senior living community in Hendersonville, Tennessee.
L&W Supply Corporation announced that it has acquired the business of Merrimack Building Supply, a building materials distributor with locations in southern New England.
The Centers for Disease Control (CDC) has clarified that construction workers will likely receive the COVID-19 vaccine in the third phase of its rollout program.