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Home » Paycheck Protection Program Is Allowing Construction Firms To Add And Retain Employees Despite Declining Demand, New Survey Finds
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Paycheck Protection Program Is Allowing Construction Firms To Add And Retain Employees Despite Declining Demand, New Survey Finds

Nearly Half of Firms Have Received Loans, But Growing Number of Project Cancellations, Delays and Delivery Problems Imperil Industry; Association Leaders Call for Immediate Infrastructure Funding
April 24, 2020Updated:November 21, 2023No Comments1 Min Read
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A large share of construction firms promptly received loan funds under the new Paycheck Protection Program, enabling many of them to hire or retain employees despite a surge in project cancellations, according to a survey released today by the Associated General Contractors of America. Association officials said the job-saving measure appeared to...

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Latest News

Report Shows Urgent Need for Investment in Pennsylvania’s Roads and Bridges

July 16, 2025

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July 16, 2025

DOT Expands TIFIA Financing to Help Get America Building Again

July 16, 2025

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