2020 Marcum Northeast Ohio Construction Survey

2020 MARCUM NORTHEAST OHIO CONSTRUCTION SURVEY

24| What actions are you taking to prepare for a potential recession? (Select all that apply) Planning 59% Managing cash flow 63% Managing capital 45% Attending to clients 44% Attending to staff 30% Focusing on sales and marketing 55% Utilizing a dashboard to track early warning indicators 13% We are not preparing 14% Other 0%

21| Do you feel that over the past year the ability to obtain financing has: Increased 17% Decreased 6% Stayed about the same 77% 22| Now that new tax laws are in effect, did you realize tax savings over the past year? Yes (positive) 38% No (negative) 6% No impact 20% I don’t know 36% 23| In your opinion, what is the probability of a recession occurring in the next year? Average percentage 44%

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