Construction companies are facing exceptional levels of uncertainty. With the novel coronavirus still spreading, varying levels of economic restrictions in place, and with national elections weeks away, contractors are desperate for signs of how demand for projects will vary by region and type of structure. Equally important are the prospects for supply-chain disruptions, materials prices, and availability of employees, subcontractors and government workers needed to approve projects.
Fortunately, this uncertainty and confusion is occurring at a time when there is more data available about the current state of the industry, and the overall economy, than ever before.