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  1. Business

[Survey] Two-Thirds of AGC Contractors Report Coronavirus Project Delays or Cancellations

Weekly AGC surveys show impact of COVID-19 uncertainty increasingly taking construction work out of the private sector, and cutting payrolls

May 12, 2020
Associated General Contractors of America (AGC)

Weekly surveys by the Associated General Contractors on project-site conditions show increasing erosion of construction-project momentum across the U.S.

While 30% of firms report projects halted by government order, 37% say their owners voluntarily stopped work out of pandemic fears. Thirty-one percent report owners have canceled projects because of a predicted drop in demand. And 21% of contractors say projects have been canceled as a result of a loss of private funding.

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