US construction output to drop 6.6% this year

Jenny Lescohier Editor

18 May 2020

A total of 81% of construction owners say they expect economic rebound this year, according to a Procore survey

Construction output is expected to drop by 6.6% in 2020, the equivalent of US$122.4 billion, due to the rapid decline in demand for new projects and safety regulations related to the…