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NDA survey details coronavirus’ impact on business

A total of 117 National Demolition Association (NDA) members participated in the survey, which asked how businesses have adjusted to the coronavirus.

National Demoliton AssociationNinety percent of National Demolition Association (NDA) survey respondents say they’ve introduced social distancing measures in the workplace, according to the April 6-10 survey.

In total, 117 NDA members participated in the survey, which asked respondents how their  businesses have adjusted to the coronavirus (COVID-19) pandemic.

In addition, 79 percent of respondents adopted a coronavirus exposure prevention, preparedness and response plan, and 74 percent implemented toolbox talks addressing coronavirus.

The majority (70 percent) said construction and/or demolition was an essential service in the state they work in, and a comparable number (67 percent) also had office staff working remotely.

A minority of respondents (37 percent) had furloughed or laid off staff, and a similar number (36 percent) had frozen recruitment.

Furthermore, only 12 percent of respondents said they were not suspending or canceling equipment purchase and/or capital investments. Nearly 37 percent of respondents say they’ve already suspended or canceled equipment purchases and/or capital expenses, while 51 percent say they will evaluate as the need arises.

In terms of how the coronavirus has impacted companies’ operating budgets, the answers were mixed. Thirty-one percent of respondents said their budgets have not been affected at all; 22 percent said they’ve seen a 10 percent reduction in revenue; 19 percent said they’ve seen a 20 percent reduction in revenue; and nearly 24 percent said they’ve seen a 30 percent reduction in revenue. In contrast, 2.5 percent of respondents said their revenue projection has actually increased due to an increase to work related to COVID-19.

Full NDA survey results can be found here.

NDA represents more than 500 firms and their 400,000-plus employees.