The construction industry is slowly returning to normal operations, however, with COVID-19 still posing as a problem on an international scale, there is a “new normal” for one of the biggest industries in the world and the US. The US construction is slowly resuming with social distancing and other preventive measures on the force. In case the industry was to remain on an indefinite halt, the economy would certainly feel the negative impact of the mentioned halt. So, in which way is the industry of construction resuming and to which extent?
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Construction Both Essential and Non-essential
On the national level in the US, not all states agree on the status of construction when it comes to the essentiality of the industry. That is how some regions, cities, and states have placed an indefinite halt on construction projects with only a few exceptions, while other regions have deemed construction as essential in correlation with the severity of pandemics in certain areas. In the meantime, some construction companies are forced to place a halt on construction projects due to financial reasons as investors are retreating driven by financial uncertainties.
Construction is Not an Exception, Other Industries are Suffering as Well
Construction is not isolated in the sense of suffering from the consequences of global pandemics. Many people are still waiting to get back to work and restart their regular working days. Hotels, restaurants, entertainment, and numerous industries are putting g up with general uncertainty, looking for ways to resume business under specific terms that arrived with the fallout of COVID-19. As businesses are slowly resuming normal operations, measures against the spreading of COVID-19 need to be adopted and respected, which includes the industry of construction as well. Construction and other industries will certainly keep operating; however, it yet remains uncertain when the evident consequences of ongoing pandemics will seize to affect the economy.
