The latest Construction Products Association’s State of Trade Survey for 2020 Q1, looks at the early impact of the COVID-19 lockdown. Key survey findings include:

  • A balance of 14% of heavy side firms and 8% of light side firms reported that construction products sales declined in Q1 compared with a year earlier, the lowest balances in seven years
  • On balance, 54% of heavy side manufacturers anticipated a fall in sales in the next year, the lowest balance in nearly 10 years
  • On the light side, 92% of firms expected a decline in product sales in the next 12 months, the lowest balance in the survey’s history