Fernando de Querol Cumbrera
Research expert covering construction, loans, leasing, savings, and debt
Get in touch with us nowExpected revenue change in commercial construction in the U.S. 2019-2021, by quarter
The biggest change in the revenue expectations of contractors in the commercial construction sector of the United States happened between the first and second quarter of 2020. During this period, the number of respondents expecting an increase of revenue dropped from 47 to 17 percent, and the number of contractors expecting it to decrease rose from two to 21 percent. Afterwards, there was a gradual improvement of the contractors’ revenue expectations for the next 12 months. However, the expectations have worsened slightly in the last two quarters of 2021.
