This week, one of these two metropolitan areas announced plans to reopen construction and one returned to work after weeks of being shut down. Some construction firms will go back to work with specific protocols in place. Here's what you need to know:
(May 5, 2020)—Contracting giant AECOM reported its Q2 fiscal year 2020 results this week, which included a record-high backlog of $42 billion. The Los Angeles, California-based firm also reported near-record new project awards, totaling $8.6 billion in value. Project backlog increased 14% year over year.
NATIONAL (April 28, 2020)—Construction employment declined in 99 out of 358 metro areas from March 2019 to last month as the coronavirus pandemic triggered the first shutdown orders and project cancellations, according to an analysis released by the Associated General Contractors of America.