Paycheck Protection Program Is Allowing Construction Firms to Add and Retain Employees Despite Declining Demand, New AGC Survey Finds
Nearly Half of Firms Have Received Loans, But Growing Number of Project Cancellations, Delays and Delivery Problems Imperil Industry A large share of construction firms promptly received loan funds under the new Paycheck Protection Program, enabling many of them to hire or retain employees despite a surge in project cancellations, according to a survey released…