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Covid-19 in the Construction Industry
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Daily Archives: April 15, 2020

chart on tablet

Q2 Update: 2020 Outlook Forecasts Severe Declines In Equipment, Software Investment

Covid-19By CE StaffApril 15, 2020Leave a comment

Owing to the substantial uncertainty stemming from both COVID-19 and the impact of social distancing measures on the U.S. economy, investment in equipment and software is projected to contract severely in 2020, to between -8.6 and -13.5 percent. Similarly, the U.S. economy is expected to have its worst year in decades, with annual growth slowing…

home builder

Home Builder Confidence Posts Historic Decline Because of Coronavirus Pandemic, Says NAHB

Covid-19By CE StaffApril 15, 2020Leave a comment

Reflecting the growing effects of the COVID-19 pandemic, home builder confidence in the market for newly-built single-family homes plunged 42 points in April to 30, according to the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The decline in April was the largest single monthly change in the history of the…

Genie face covering assembly

Genie Team Produces PPE for Seattle Hospital

Covid-19By CE StaffApril 15, 2020Leave a comment

As communities, states, and countries around the globe continue to address the health crisis created by COVID-19, personal protection equipment (PPE) for medical personnel and first responders remains in high demand. To help address this need in their community, team members from Genie, a Terex brand, headquartered in Redmond, Wash., have been working on a…

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