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Home ยป The 2021 Construction Hiring and Business Outlook: Few Construction Firms Will Add Workers In 2021 As Industry Struggles With Declining Demand, Growing Number Of Project Delays And Cancellations
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The 2021 Construction Hiring and Business Outlook: Few Construction Firms Will Add Workers In 2021 As Industry Struggles With Declining Demand, Growing Number Of Project Delays And Cancellations

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
January 6, 2021Updated:December 4, 2023No Comments2 Mins Read
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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, according to survey results released today by the Associated General Contractors of America and Sage Construction and Real...

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Latest News

Construction Spending Decreases By 0.3 Percent From April To May And 3.5 Percent Over 12 Months, Marking Largest Yearly Drop Since 2019

July 1, 2025

Only Half Of Metro Areas Add Construction Jobs From May 2024 To May 2025, As Owners Pause Or Cancel Work Amid Tariff And Policy Uncertainty

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