Will the construction industry rebound to pre-pandemic levels?
Mar 08, 2021 The overall U.S. economy is operating at 22 percent below pre-pandemic levels but should rebound by the first half of the year, says Richard Branch, chief economist for For the construction industry, however, the rebound picture is not as bright, Branch said March 5 during Dodge’s first-quarter outlook. “Construction is certainly one of those industries that will take time for the recovery to really dig in and take hold and gain traction,” he said. Total construction starts declined 9% in 2020 and are expected to rise 4% in 2021. His prediction for this year, however...