With the AIA index showing signs of a major downturn in commercial construction, we at SurePods are keeping our eye on what happens in May and June. Even though the numbers that were recorded in March were the largest ever monthly decrease in March, that month alone cannot tell the whole story.
At SurePods we are still seeing progress with projects moving forward in all of our core markets, such as hospitality, multi-family apartments, healthcare, student housing, and assisted living markets. However, some projects have been placed on hold, either from statewide shutdowns of the job sites, financial strain or overall wariness of the economic conditions.
We are all trying to understand what is happening around us, and the more data we have allows better clarity. We are all in this together.