Currently Reading

Week 2 Results: An update to our Coronavirus Business Impact Survey

Advertisement

Week 2 Results: An update to our Coronavirus Business Impact Survey


March 30, 2020
CV Survey Page Image
Profession Builder

After two weeks and more than 1,500 responses to our coronavirus business impact survey, here's an update on how home builders, remodelers, and contractors are managing the crisis.

 

1. Business Impact 

Business Impact Week 14
Once considered mostly moderate or minor, the business impacts of COVID-19 are more likely to be severe for most builders and remodelers.

 

2. Precautionary Measures Taken

Disruption Day 14
Builders and remodelers are taking multiple (and appropriate) measures to "flatten the curve," though have surged a little bit in closing models and sales centers.

 

3. Project Disruption

Disruption Day 14
Public uncertainty continues to be the most disruptive force, but others have crept up, as well, for most builders and remodelers.

 

4. Actions Taken

Actions Taken Week 14
Fewer and fewer builders and remodelers claim to have made no changes in production or sales activities, while more are ceasing work on homes in progress or starting new homes — in some cases due to local permitting and inspection office closures or slowdowns.

 

Related Stories

Design

Living Now: America at Home Study Concept Home

Designed and built based on extensive consumer research, Barnaby delivers the goods for single-family post-pandemic living

Coronavirus Resources and Information

Colorado Contractors Sue Denver Over Vaccine Mandate

The mandate effectively requires companies to fire hard-to-replace workers who aren't vaccinated. "If we lose any workers due to these vaccine mandates, there's nobody to replace them," says Tony Milo of the Colorado Contractors Association.

Coronavirus Resources and Information

Court Rules PPP Loans to Builders Can Be Forgiven

The judge agreed with NAHB’s position that the plain language of the statute creating the PPP prevented SBA from applying eligibility regulations that sought to exclude NAHB members.

Advertisement
Advertisement

More in Category




Advertisement
Advertisement

Create an account

By creating an account, you agree to Pro Builder's terms of service and privacy policy.


Daily Feed Newsletter

Get Pro Builder in your inbox

Each day, Pro Builder's editors assemble the latest breaking industry news, hottest trends, and most relevant research, delivered to your inbox.

Save the stories you care about

Lorem ipsum dolor sit amet lorem ipsum dolor sit amet lorem ipsum dolor sit amet.

The bookmark icon allows you to save any story to your account to read it later
Tap it once to save, and tap it again to unsave

It looks like you’re using an ad-blocker!

Pro Builder is an advertisting supported site and we noticed you have ad-blocking enabled in your browser. There are two ways you can keep reading:

Disable your ad-blocker
Disable now
Subscribe to Pro Builder
Subscribe
Already a member? Sign in
Become a Member

Subscribe to Pro Builder for unlimited access

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.