{"id":15834,"date":"2020-03-25T12:13:30","date_gmt":"2020-03-25T16:13:30","guid":{"rendered":"https:\/\/www.foundationsoft.com\/?p=15834"},"modified":"2024-04-27T04:56:11","modified_gmt":"2024-04-27T08:56:11","slug":"2020-q1-construction-industry-report","status":"publish","type":"post","link":"https:\/\/www.foundationsoft.com\/learn\/2020-q1-construction-industry-report\/","title":{"rendered":"2020 Q1 Industry Report: Resiliency Remains"},"content":{"rendered":"<p>If anything can be said about 2020 so far, it\u2019s that the uncertainty from last year has not only remained, but doubled.<\/p>\n<p>With the rapid progress of COVID-19 internationally and across the U.S., many of us are not only wondering about the health and safety of family, friends and colleagues, but about the future of current projects, the continuation of material supply, and the likelihood of the recession many economists have been predicting for years.<\/p>\n<p>Understandably, tensions are high.<\/p>\n<p>Still, it\u2019s important to remember that the industry has been here before. The 2008 recession saw droves of workers leaving construction \u2014 moving into technology sectors and beyond \u2014 forcing the industry to take a step back and find new ways to adapt.<\/p>\n<p>We\u2019re doing the same now.<\/p>\n<p>Despite daily changes and the potential for mandated federal closures, construction companies are working to shift their workflow and restructure where and when they need to.<\/p>\n<p>We\u2019ve always been a resilient industry and that won\u2019t change.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As we reach the end of the year and move toward an upcoming election cycle, the only thing that seems clear is that nothing is clear at all.<\/p>\n","protected":false},"author":19,"featured_media":14124,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_searchwp_excluded":"","inline_featured_image":false,"footnotes":""},"categories":[9,10],"tags":[],"class_list":["post-15834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2020 Q1 Construction Industry Report: Resiliency Remains<\/title>\n<meta name=\"description\" content=\"Despite daily changes and the potential for mandated federal closures, construction companies are working to shift their workflow and adapting.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.foundationsoft.com\/learn\/2020-q1-construction-industry-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2020 Q1 Industry Report: Resiliency Remains\" \/>\n<meta property=\"og:description\" content=\"If anything can be said about 2020 so far, it\u2019s that the uncertainty from last year has not only remained, but doubled. With the rapid progress of COVID-19\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.foundationsoft.com\/learn\/2020-q1-construction-industry-report\/\" \/>\n<meta property=\"og:site_name\" content=\"Foundation Software\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-25T16:13:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-27T08:56:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.foundationsoft.com\/wp-content\/uploads\/2019\/06\/Foundation-Software-Construction-Industry-Report.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"330\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Antill\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"2020 Q1 Industry Report: Resiliency Remains\" \/>\n<meta name=\"twitter:description\" content=\"If anything can be said about 2020 so far, it\u2019s that the uncertainty from last year has not only remained, but doubled. 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