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LBMC s 2023 Business Outlook Report Outlines Top Business

Planning, the Pandemic and Price Increases

This post is part of a series sponsored by Old Republic Surety. Here's valuable advice you can share with your construction clients, particularly those

Commercial Real Estate: Work flowing back as money returns, pandemic eases

Sun, 04/25/2021 - 2:51pm tim The University of Vermont Firestone Medical Research Building is under construction. PC Construction is the general contractor. Designed by Black River Design, Architects in collaboration with Payette. Courtesy Photo. by Bruce Edwards, Vermont Business Magazine How tough was last year for some of the state’s commercial contractors? For PC Construction, one of the largest, it was a year when the company took a significant hit – the direct result of the now year-old pandemic. “Our revenue was off 30 percent, which approximated about $130 million,” said Jay Fayette, PC Construction president and CEO. “So we took it on the chin with work either being delayed, postponed or pushed into 2021.”

Canadian business owners optimistic

Last Updated: Monday, March 15, 2021 12:54 New public opinion polling suggests that 78 per cent of Canada’s mid-to-large size business owners feel optimistic about their companies’ future post pandemic. As restrictions ease, 53 per cent think their business will change for the better in some way. The results were published in the There are still concerns. Forty per cent of respondents are worried about the state of the economy and 39 per cent cite further government restrictions due to the pandemic. But by February 2021, 23 per cent of respondents felt their company was doing better than before the health crisis and 23 per cent felt they were doing the same. 

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