H2 2020

Prior to the onset of the pandemic, the construction industry was on a path of slow, steady growth across most sectors in 2020. Early cracks in that growth began to show in 2019, as private construction spending slowed for the first time since the last recession, but overall forecasts remained stable. The pandemic scrambled all expectations and forced a complete reset in forecasts.

Looking ahead, our new forecast combines a range of possible scenarios, broken into individual periods of the crisis and recovery.

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