Construction firms’ risk exposure is augmented during economic downturns; the COVID-19 (coronavirus) pandemic is heightening such risk as contractors are facing supply chain disruption in addition to hindered demand.

Shelter-in-place policies are transforming the work environment and how businesses operate during the COVID-19 (coronavirus) pandemic. Buyers must consider a variety of factors, such as supply shortages, supplier financial health and fluctuations in demand for essential equipment and services, that affect businesses transitioning their workplace to work from home (WFH), also known as telecommuting.

Personal protective equipment and sterilization equipment are two of the most commonly used tools deployed to limit the spread of COVID-19 (coronavirus). However, these products are currently limited in availability due to overwhelming demand.

Insurance companies have been thrust into the front lines of the COVID-19 (coronavirus) pandemic response. Suppliers in the market are experiencing high risk from financial pressure on reinsurance and investment companies and the potential for mass claims payouts.

Legal service providers have historically suffered during recessionary periods and the economic impacts of the COVID-19 (coronavirus) pandemic are already affecting the industry. While traditional law firms are struggling with the transition to remote services, endemic online legal services suppliers are seeing a bump in demand.

Due to the necessity of tax, audit and accounting services, providers in the industry are expected to remain largely insulated from risk stemming from the COVID-19 (coronavirus) pandemic.

IT-related companies are experiencing declining revenue from reduced investment in new future projects due to the COVID-19 (coronavirus) pandemic. However, demand is increasing from businesses seeking IT services to accommodate new online purchasing systems and work-from-home setups.

The impact of the COVID-19 (coronavirus) pandemic on business process outsourcing (BPO) services is uneven and is dependent on the buyer’s market, the services the buyer outsources, the sensitivity of information the supplier handles and the location of the supplier.

Print advertising expenditure is plummeting in 2020 in response to the COVID-19 (coronavirus) pandemic. Poor expenditure poses a threat to the financial stability of many suppliers.

In light of the economic turmoil brought on by the COVID-19 (coronavirus) pandemic, marketing and advertising firms are experiencing slower demand for services. Key buyers of these services have historically slashed marketing and advertising budgets amid economic uncertainty, a pattern that is presenting itself again during this pandemic.

Demand for HR services is plummeting amid hiring freezes, layoffs and furloughs to prepare for the economic slowdown caused by the COVID-19 (coronavirus) pandemic. However, demand is increasing from select markets such as online retail, delivery services and pharmacies, which is providing some relief to the market.

While some transportation and logistics providers are struggling due to their reliance on weakened buying markets, others, such as those transporting essential products and services are faring well so far during the COVID-19 (coronavirus) pandemic.

Business travel providers are facing unprecedentedly high financial risk levels from the historically low demand for non-essential travel amid the COVID-19 (coronavirus) pandemic.

Sputtering demand and supply chain disruptions have led some manufacturers to close up shop, but others are ramping up fast.