Steel Markets
March 31, 2020
Architects and Construction Firms Report Declining Business
Written by Sandy Williams
Architecture firms reported fewer new design projects in March as uncertainty grows regarding the length and impact of the coronavirus crisis.
A special mid-month survey by the American Institute of Architects found that 28 percent of respondents reported directed delays in current projects or those slated to start in 30 days. An additional 11 percent reported delays for projects that were to begin more than 30 days out. Delays were driven by supply chain disruption, shortage of construction workers and delays in obtaining permits, inspections or other approvals.
