The economy reached its low point in April, during the worst of the coronavirus outbreak, and now seems on the road to some kind of recovery as summer begins. How far that road runs remains unknown. Some in the construction trades want the government to invest in projects to make sure the recovery continues.
The latest results from Clear Seas Research — the research arm of BNP Media, parent company to The ACHR NEWS — shows that operators in a range of businesses, including HVAC contractors and other home service businesses, saw only about half of their active business stay on schedule in mid-April, with cancellations reaching 19 percent. In a survey taken June 4 to June 8, 61 percent of active business was back on schedule, with only 13 percent cancelling. Delays declined to 26 percent from 33 percent in mid-April.