How Will Construction Firms Build on a Rough 2020?

Most employees found themselves working remotely since the beginning of the pandemic. However, that hasn’t been the case for those in the construction industry, as their work hinges on the physical work they do on a day-to-day basis.

How have construction companies managed so far, and what can they expect for 2021 and beyond? Daniel Litwin, the Voice of B2B, dives into the impacts of COVID-19 on the construction industry and how it’s navigating the new health and safety risks in the workplace.

In order to do so, he met with David Patrick, the president of Downes Construction Company, as well as Rachel Walla, an industrial safety and health consultant at Ally Safety, to get their insights on the topic.

“We’re going to see a lot more in the multi-family housing market,” predicted Patrick. “There’s a lot of money on the sidelines that’s willing to be invested in this. I think that market rate and lower-income housing is going to be a popular topic of discussion.”

Walla’s experience on the health and safety side of the industry offered another perspective. “It’s been really difficult for businesses to manage how they approach COVID-19,” she noted. “We jumped into this without any real regulations, so although some companies had certain pandemic response plans, they were pretty limited and we didn’t really have them in place where we were ready to enact them.”

However, they are both optimistic — although a little cautious — for the future.

“What we’re seeing is that there were some stops and starts for 2020,” said Walla. “2021 seems to have a more stable outlook overall for the projects, but there’s still uncertainty.”

Patrick echoed her sentiment: “Here in New England, we certainly have seen a slowdown from 2020, but going into 2021, I think everyone’s a little more comfortable with what’s going on in the construction marketplace.”

KEY POINTS:

  1. In 2020, commercial and office real estate development took a hit in many regions.
  2. OSHA citations related to COVID hit the $3.9 million mark in early January 2020.
  3. Moving forward, employers will focus on vaccination education efforts rather than pushing for vaccinations themselves.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

data-driven tools
Leverage Data-Driven Tools and Local SEO for Maximum Search Engine Rankings
July 26, 2024

As businesses continue to navigate the digital landscape, data-driven tools are more crucial than ever for effective SEO strategies. Understanding and implementing the proper SEO practices can make a significant difference with evolving algorithms and competitive markets. Given that 75% of users never scroll past the first page of search results, this statistic underscores…

Read More
On-device AI
On-Device AI is Today’s Tech Innovation, Competition and Market Leadership Driver
July 26, 2024

On-device AI revolutionizes the tech landscape, making it a critical factor for industry dominance. This cutting-edge technology directly integrates advanced AI capabilities into devices, transforming consumer and enterprise applications. This shift stems from the need for improved performance, reduced latency, enhanced data privacy & security, and personalized user experiences. With advancements in neural processing…

Read More
modern supply chains
The Role of AI in Modern Supply Chains: Insights from Aaron Hatfield at Arvist
July 26, 2024

Artificial intelligence rapidly transforms modern supply chains, with companies like Arvist leading the charge. In a recent episode of Hammer Down, hosted by Mike Bush, Aaron Hatfield, the Head of Sales at Arvist, sheds light on AI’s practical applications and benefits in enhancing supply chain operations. Is AI in the supply chain a double-edged…

Read More
semiconductor manufacturing
Training New Semiconductor Manufacturing Professionals is Key to Meet Coming Domestic Manufacturing Demand
July 26, 2024

Over the past few years, the U.S. has made significant strides in semiconductor manufacturing, driven by substantial investments and strategic policies. With the CHIPS Act expected to triple domestic semiconductor manufacturing capacity by 2032, the need for a skilled workforce is more urgent than ever. This discussion explores the key question: What does the…

Read More