How Will Coronavirus Impact Construction?

The impact of the covid19 crisis on the construction sector in Central America is expected to be explained, to a greater extent, by the expected fall in the business of prefabricated steel structures.

Monday, March 23, 2020

The "Information System for the Impact Analysis of Covid-19 on Businesses", prepared by the Trade Intelligence Unit of CentralAmericaData, measures the impact that the crisis will have on companies according to their sector or economic activity, during the coming months.

It is expected that Land preparation works for construction will be one of the activities that will suffer a greater impact in the coming months. Another sector that is in the group of those that will be impacted, but in lesser magnitude, is the Construction of works for telecoms.

The analysis shows that the Installation of signaling and protection in road works and the Construction of agricultural irrigation systems are expected to be among the activities that will be affected, but to a lesser extent.

According to the forecasts of the interactive information system, the impact on Construction activity will not be so significant in this context of crisis, especially when compared to sectors such as Entertainment, Hotels or Transport.

The information system can help you to answer the following questions:

How and how much will my company be affected?
How much could the demand for my products and services fall in the medium term?
Which sectors are most at risk of registering significant falls in their sales?
How many of my customers and suppliers could face problems?


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