PITTSBURGH — Dodge Data & Analytics has tallied the full-year damage from the Covid-19 pandemic on the region’s construction industry.
In its regular monthly report, Dodge reports that the value of the construction activity in the region fell 29% in 2020, dropping from $2.855 billion in 2019 to $2.03 billion last year, one in which developers and institutions of all kinds faced major challenges on seeing through their building plans amid the pandemic.
The damage was much worse for the nonresidential sector, typically the larger sector and one with larger projects.
Read more from our news partners at the Pittsburgh Business Times.
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