https://dorancompanies.com/wp-content/uploads/2021/03/MSPBJArt.jpg 450 800 Ashley Groves https://dorancompanies.com/wp-content/uploads/2020/07/Doran_logo-1.png Ashley Groves2021-03-16 16:17:002021-03-18 16:38:28Mpls/St. Paul Business Journal: Optimism is returning to construction industry as pandemic disruptions persist
Mpls/St. Paul Business Journal: Optimism is returning to construction industry as pandemic disruptions persist
Construction firms are still dealing with higher material costs, supply chain disruptions and project delays one year into the pandemic, according to a recent survey by the Associated General Contractors.
“One year after the pandemic struck, it is still having severe but also diverse effects on construction firms. The survey makes it clear that the construction industry faces a variety of challenges that threaten to leave many firms and workers behind, even as some parts of the economy are recovering or even thriving,” said Ken Simonson, chief economist for AGC, an Arlington, Va.-based trade association.