Construction owner and developer survey: COVID-19’s influence today, tomorrow, and beyond
What is the real impact of COVID-19 on activity in the construction sector? How long do owners and developers think it will take to return to pre-COVID productivity? Procore put these and other questions to U.S. and Canadian senior executives in construction’s owner and developer space. The results provide a snapshot of that leading segment’s market sentiment as we arrive at an arguable crossroads for the industry.
COVID-19’s tsunami-like ripple effect has seen the construction project owner maneuvered into a unique risk environment. Here are key takeaways of the survey.