The construction segment has endured many challenges during the COVID-19 pandemic, from supply chain disruptions and material shortages to social distancing requirements and ill workers. In fact, seven in 10 construction business owners reported being negatively affected by the coronavirus, according to new findings from Nationwide's Agent Authority study.

However, 2021 offers a silver lining as the economy rebounds, with 84% of owners expressing optimism about the strength of this year's peak season and their businesses' preparation to meet increased demand.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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