Grassi, a leading provider of advisory, tax and accounting services for the construction industry, has revealed the finding of its latest survey of New York area contractors and subcontractors.
Designed to uncover the industry’s current trends, outlooks and state of COVID-19 recovery, Grassi’s 2021 Construction Industry Survey was developed by the firm’s Construction Practice and advisory board, which consists of industry leaders from across the tri-state area. The survey was co-sponsored by four local industry associations: the Subcontractors Trade Association, the Long Island Contractors Association, the New York Building Congress and the Association of Wall-Ceiling & Carpentry Industries.
Highlights of the survey findings include:
The findings also reflect respondents’ views on the federal infrastructure bill, labor concerns, long-term challenges of COVID-19, technology opportunities, payroll provider satisfaction and more. The survey was conducted by an independent research firm. All individual responses were confidential, and results were tabulated and reported in the aggregate.
A full copy of the comprehensive benchmarking report can be downloaded here.
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