“This is clearly going to be a difficult year for the construction
industry. Demand looks likely to continue shrinking, projects are
getting delayed or canceled, productivity is declining, and few firms
plan to expand their headcount.”
-Stephen E. Sandherr, CEO, AGC, January 7, 2021
General contractors expects the 2021 commercial construction outlook to be far from robust.
Following a year in which 44% of firms reported they had projects canceled many construction companies will need to focus upon survival.
2021 projects have already begun to be delayed or cancelled.
