Jobs lost, businesses closed and deep declines in the stock market have everyone bracing for a major economic downturn. The National Association of Home Builders (NAHB) is working to support its builders and construction professionals in a number of ways. Your local NAHB is working with government to help ease the economic challenges faced by …
In a new NAHB survey, over 90% of remodelers questioned had lost business due to the pandemic. 96% of remodeling construction firms experienced a downturn in inquiries coming in and 93% experienced a reduction in the willingness of homeowners to consider remodeling projects. The survey for NAHB’s first quarter 2020 Remodeling Market Index (RMI) found that 70 …
The construction industry is traditionally reticent to change, but recent environmental concerns and labor shortages have been good catalysts for development. Now the coronavirus pandemic has cemented the need for reinvention. Here’s three ways you can help your construction company evolve. COVID-19 poses some unique challenges including interrupted supply chains, keeping workers safe on site …
