Contractor confidence plummets to record low amid crisis
from Construction Dive
Confidence among U.S. construction industry leaders plunged in response to the economic fallout associated with the coronavirus outbreak, according to the newest Associated Builders and Contractors' Construction Confidence Index, released yesterday. Readings for sales, profit margin and staffing level expectations fell below the threshold of 50 for the first time in the history of the series, signaling contraction along all three metrics.
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