October 14, 2020

Construction scores a hat trick: Starts, jobs, backlog all rise

Josue Isai Ramos Figueroa- Unsplash

New data turned heads last week when new construction starts, jobs and backlog all notched solid gains to provide a glimmer of hope for the industry, following a summer of worrisome trends that emerged in the immediate aftermath of the COVID-19 pandemic.

The numbers indicate that construction has rebounded from the negative effects of the coronavirus pandemic more than any other U.S. industry, according to economists associated with two of the reports.

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