With much attention focused on the potential economic impact of Covid-19, PlaceMakers shares some insights based on its own experience – which is very relevant to landscapers
The effects of Covid-19 on the world economy are well-documented – the EU is predicting a deeper recession in 2020 than initially expected and Australia has just entered its first recession in almost three decades.
Forecasters have been predicting a New Zealand recession since we first entered lockdown in March and, while construction was highlighted as a major concern at the start of the Covid-19 cycle, we have yet to see the expected downturn happen. But what happens if the construction industry does enter a recession? Should landscapers be worried? Not necessarily.