Project delays and cancellations, labor shortage, declining revenue and construction spending all pose risk to the funding environment, which leads to the long-term effect of COVID-19 on the construction industry.
The employment in construction industry saw a 6% drop in April which reflects the substantial job loss among construction industry as a result of the pandemic. The full force of the pandemic also hit hard on Georgia building permits in April compared to 2019. Construction jobs and building permits started to increase from April lows as construction resumed gradually in some areas from May.
Photo of an undetermined Georgia Tech home game during the 1918 college football season. That's when the sport was hit by the Spanish flu and the end of World War I.
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