Business and consumer confidence improved in September, according to an ongoing poll by Verdict, as governments are gradually easing the restrictions related to COVID-19.
Business and consumer confidence declined in August over concerns related to the spread of the Delta variant of the coronavirus.
Business and consumer confidence improved in July backed by increase in consumer spending and hiring.
The increase in the rate of vaccination and easing of coronavirus-related restrictions helped improve business optimism in June, although marginally.
The construction companies globally had to shut down their operations temporarily due to the lockdowns imposed to curb COVID-19 spread.
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Lockdowns and travel restrictions due to COVID-19 disrupted the construction activity globally as construction companies struggled to move workers and materials to site.
New COVID-19 waves in some regions are leading to uneven growth prospects for the global economy.
The automation of workplaces combined with the impact of the COVID-19 pandemic led to millions of job losses across various industries, leading to an existential crisis among workers.
The environmental, social and governance (ESG) reports filed by corporations are assessed by potential investors to ensure alignment of investments with selected sustainability standards .
The COVID-19 pandemic has shifted the focus towards a balanced and sustainable economy as more number of investors are choosing businesses that holistically address ESG issues.