News — slowing

Construction is deemed 'essential’ but is still slowing in D-FW and U.S. Contractors report new projects are being delayed or canceled. Bidding for new projects and starts of construction are being slowed.(Steve Brown)   Construction projects are considered essential business activities in the current coronavirus shutdowns. But even though residential and commercial builders are pushing ahead with jobs already underway, the flow of new building business is slowing. Almost 40% of contractors around the country are reporting that project owners have halted or canceled current construction projects because of the crashing economy. “The abrupt plunge in economic activity is taking...