According to a recent survey by the Associated General Contractors of America, construction layoffs are spreading rapidly as COVID-19 shuts down projects, in contrast to job gains through February in most metros. Additionally, more than half of firms have had projects halted as 74 percent seek new paycheck protection loans to retain staff.

The coronavirus pandemic has caused more than one out of four contractors to halt or delay work on current projects, according to a new survey released by the Associated General Contractors of America (AGC).