By: Peter Kusnic, on December 14, 2020
2020 held no punches. As Covid-19 swept the globe in March, many businesses entered fight or flight mode as the pandemic wrought sudden, sweeping change on the market environment:
- Essential businesses like mass retailers and manufacturing facilities had new safety and sanitation guidelines to consider, while non-essential businesses, including bars and sit-down restaurants, were forced to either adapt or shut down, many for good.
- Unemployment soared and consumer spending sank, roiling markets and causing major global economies to slide into recession.
- Though construction activity was able to continue uninterrupted for the most part, investment dried up, causing many commercial building projects to stall even as residential building construction spending spiked.
See the rest of the article here
#constructionindustry #covid #worklifebalance
Kate Putnam
Marketing Manager
JAEGER USA, Inc.
198 Pickering Road
Rochester, NH 03867 USA
Phone: 603-332-5816
Email: k.putnam@jaeger-ttc.com