APC began is conducting a weekly survey in order to keep a pulse on the effect of COVID-19 on contractors and report it back to you. As we move week to week on this survey, we will track the individual sectors and the concerns and plans of businesses. In week 3 (results gathered from April 2-April 9), companies still working reported fewer leads but big work on business processes, marketing, sales and in some cases - hiring. Week 4 of the survey is now open. Even if you filled out the first survey in the past, we ask that you fill out the survey for week 4 so we can report on the change in the market as events unfold. Take the new survey here.
Sectors Ranked by Least to Most Affected
|
Business is the same or increasing |
Business is decreasing |
Gov't Jobs |
75% |
25% |
Multi-Family Exterior Jobs |
69% |
31% |
Healthcare Jobs |
65% |
35% |
School Jobs |
65% |
35% |
New Construction Commercial |
64% |
36% |
Residential Exterior Jobs |
64% |
36% |
Entertainment Venue Jobs |
59% |
41% |
Retail Jobs |
56% |
44% |
Restaurant Jobs |
55% |
45% |
Other Commercial Jobs |
55% |
45% |
New Construction Residential |
54% |
46% |
Hotel Jobs |
50% |
50% |
Multi-Family Interior Jobs |
38% |
62% |
Residential Interior Jobs |
24% |
76% |
If your work has slowed or you have closed your doors, what are you working on?
Almost every respondent was working on their business in some way, shape or form. Though we did have a few people note that after years of backlogs, they were taking a much needed break. Here were some of the most cited activities:
- Applying for Gov't Assistance/Disaster Loans
- Better websites/advertising
- Organizing
- Equipment Maintenance
- Hiring
What is the biggest positive you hope to come out of this?
There was a very positive theme to most of the responses for this question, many citing a need for our society to be generally more grateful for all that we have. As far as business goes, these were our most cited positives:
- Higher demand after people stare at their walls for a month
- Stronger bonds within teams and with employees
- Less low-priced competition
- Better cleaning/jobsite systems
- Better digital tools/skills
- Cleaner, better operating vans, shops and equipment
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