- 62 percent of contractors say cost fluctuations for materials have had a high or moderate impact on their business, up from 59 percent in Q2.
- 21 percent of those who expressed concern over price changes are worried about lumber. 41 percent are concerned about steel prices, up from 33 percent in Q2.
The Index found that the commercial construction industry is showing signs of rebound.
- Worker health and safety remains top concern. Most (70%) contractors say worker health and safety is a top concern for their business. A majority (60%) report more project shutdowns/delays as another top concern.
- Nearly all contractors (97%) report making changes in response to COVID-19 this quarter, including providing items like masks and sanitizer (82%); changing work procedures to increase social distancing (75%); and allowing remote work for office employees (67%).
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