North-East Asia construction growth to slow to 2.4% in 2023, forecasts GlobalData
Construction activity is expected to slow across much of North-East Asia this year, with the continued weakness in the real estate sector in China being...
Construction activity is expected to slow across much of North-East Asia this year, with the continued weakness in the real estate sector in China being...
The global construction industry’s growth is forecast to remain sluggish in 2023, expanding by just 0.8%. Excluding China, the industry will contract by 0.1%, due...
Construction output in Eastern Europe is expected to contract by 2% in 2023, as the headwinds that arose last year will continue to weigh on...
North America dominates the global industrial construction project pipeline, accounting for 21.7% or $1.03 billion of the pipeline in Q4 2022, an increase of 5.1%...
Construction output in Sub-Saharan Africa grew by an estimated 1.7% in 2022, compared to a growth of 3.2% registered in 2021. The industry is forecast...
The Indian construction industry is expected to receive a significant boost in 2023, supported by a sharp increase in capital expenditure as part of the...
On Wednesday, 18 January at 2:00pm GMT, the Construction team at GlobalData will host a webinar on its 2023 predictions for the global construction industry,...
The Australasian construction activity slowed significantly in the first half of 2022, due to rising building material, energy and wage costs, and labour shortages. A...
Construction output in Eastern Europe is forecast to contract by 2.5% in 2022, before declining by a further 2.7% in 2023. The decline in activity...
Due to greater than expected inflationary pressure and further interest rates hikes, construction output in North America is forecast to contract to -3.1% in 2022...
Construction activity in Australasia (Australia and New Zealand) slowed in the first quarter of this year, with outbreaks of the Omicron variant, flooding in eastern...
Construction output in Eastern Europe and Central Asia is forecast to contract by 3.4% in 2022, found GlobalData. According to the leading data and analytics...
The upward trend in oil prices, driven in part by the Russia-Ukraine conflict, has led to an improvement in the economic conditions of countries in...
Although construction output in North America is forecast to grow 2.4% in 2022 and is expected to reach $1.94 trillion, up from $1.89 trillion in...
Turkey’s trade deficit grew by 155.2% year-on-year (YoY) in May 2022, driven by a relative rise in the value of imports to exports owing primarily...
With the Australian Labor party securing a majority in government, GlobalData has noted that it continues to hold a positive view on the outlook for...
Owing to ongoing economic instability in the form of high inflation and currency depreciation and rising prices for energy and construction materials, Egypt’s construction industry...
Supported by investments on transport infrastructure projects, in line with the German government’s focus on improving regional connectivity, the country’s construction industry is expected to...
GlobalData has downgraded its growth forecast for construction output in Eastern Europe (excluding Ukraine and Russia) in 2022 from 4.1% to 1.5%. The leading data...
After recording a strong growth of 10.2% in 2021, growth momentum for infrastructure construction in Brazil is expected to slow into 2022 and 2023, recording...
Despite an impressive performance in the first quarter of the year, the UK’s construction industry is facing severe headwinds that will impact on growth in...
Fried, Frank, Harris, Shriver & Jacobson and Kirkland & Ellis have been identified as the top M&A legal advisers in the construction sector in Q1...
Bank of America and JP Morgan have been identified as the top M&A financial advisers in the construction sector in Q1 2022 by value and...
Construction output in Latin America is forecast to grow 5% in 2022 and is expected to reach $545.6 billion, up from $519.4 billion in 2021,...
Construction output in Latin America is forecast to grow 5% in 2022 and is expected to reach $545.6 billion, up from $519.4 billion in 2021,...
Triggered by acute shortage of foreign currency, ill-timed tax cuts, losses to tourism, fall in foreign workers’ remittances, shortages of food and fuel, and high...
As a result of the Russia-Ukraine crisis, the construction industry in Eastern Europe is expected to shrink by 3.4% in 2022 due to rising inflation...
The construction output in Northeast Asia is forecast to record a 4.2% growth and reach $4.71 trillion in 2022 compared to $4.52 trillion in 2021....
Amid the Russia-Ukraine crisis, several global construction companies are exiting Russia. These moves are not expected to impact significantly on revenue generation, but the wider...
The air transport industry has been among the hardest hit by the COVID-19 pandemic and one of the slowest to recover, with a full recovery...
The construction industry in Indonesia is expected to record a growth of 7.2% in real terms in 2022, surpassing the pre-pandemic output levels. This would...
Housing demand in Canada has remained resilient during the pandemic, bolstered by record-low benchmark interest rates and the shift to remote working, says GlobalData. The...
JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the construction sector for Q1-Q3 2021 by value and...
Sullivan & Cromwell and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the construction sector for Q1-Q3 2021 by value...
The Chinese economy has slowed down in recent times due to various compounding factors. Among these are the ‘potential bankruptcy’ of Evergrande Group and the...
Following the Senate’s overwhelming bipartisan approval on August 10th for the long-awaited infrastructure spending bill, which includes long-term investments in transport, energy, utilities and climate-related...
While the UK construction industry contracted sharply by 14% in 2020, a strong recovery is expected, with output forecast to rise and grow by 10.6%...
JP Morgan emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in the construction sector for H1 2021,...
Myanmar’s construction industry output in 2020 was affected by the COVID-19 pandemic induced supply chain disruptions and labor shortages. In 2021, the industry’s weakness is...
Despite the ongoing uncertainty over the COVID-19 pandemic, growth in global construction output will reach 5.7% in 2021, following the 2.4% drop in 2020. Although...
The construction industry output in Northeast Asia is forecast to record a growth of 6.8% in 2021, rising from US$4.47 trillion in 2020 to US$4.77...
Following a difficult start to the year for Western Europe’s construction industry, which contracted by 6.4% in 2020, economic activity has picked up significantly since...
Latin America’s construction industry is now forecast to grow by 9.7% in 2021 and 5.6% in 2022 (7.7% and 5.1% previously) due to higher-than-expected construction...
The investments in construction for the Tokyo 2020 Olympics drove the compound annual growth rate (CAGR) of 7.0% in the Leisure and Hospitality and Outdoor...
Infrastructure investment in Asia Pacific (APAC) had been substantial prior to the outbreak of the COVID-19 pandemic, with real infrastructure construction output recording a compound...
As Latin America faces a new electoral cycle and an economy deeply devastated by a damaging fresh wave of COVID-19 infections and renewed lockdown restrictions,...
Infrastructure investment in Eastern Europe could rise significantly over the next two years if projects are pushed ahead by regional governments; however, only four out...
Many governments across the Middle East and Africa (MEA) region are attempting to step up investment in infrastructure to both support recovery from COVID-19 disruption...
New Zealand’s construction industry recorded an annual average growth rate of 6.6% between 2016 and 2019. Despite this, lockdown restrictions in the first half of...
Malaysia’s construction industry is set to recover in 2021 and expand by 14.6% after construction activity was brought to a standstill across many parts of...
Nigeria’s construction industry declined by 7.7% in real terms in 2020, hit by both the containment measures and disruption caused by the COVID-19 pandemic. The...
Although the construction industry in Australia was designated as an essential service and exempted from lockdown restrictions, it was affected in 2020 due to limitations...
Kirkland & Ellis emerged as the top legal adviser for mergers and acquisitions (M&A) by both value and volume in the construction sector for Q1...
Goldman Sachs emerged as the top financial adviser for mergers and acquisitions (M&A) by both value and volume in the construction sector for Q1 2021,...
The Russian construction industry contracted marginally in 2020, with output declining by 0.7% in real terms. The lockdown measures and subsequent economic slowdown, as well...
Eastern Europe’s construction industry is forecasted to grow by 3.6% in 2021, following a 1.6% contraction in 2020 due to the COVID-19 outbreak and subsequent...
Following a collapse in construction activity in 2020 amid the COVID-19 pandemic, the Indian construction industry was forecast to recover in 2021. However, a recent...
Following the historic collapse in construction activity in 2020 amid the severe disruption caused by restrictions imposed to contain the spread of COVID-19, the construction...
Following the sacking of the Turkish Central Bank Chief and a steep fall in the Turkish Lira; Moustafa Ali, Economist at GlobalData, a leading data and...
Following today’s Budget 2021 announcement by the UK Chancellor outlining the government’s infrastructure spending plans; Moustafa Ali, Economist at GlobalData, a leading data and analytics company,...
The dual shock of the COVID-19 outbreak and the collapse in oil prices has exacerbated the weakness in Azerbaijan’s construction industry, with output estimated to have shrunk by 15.2% in real terms in 2020 – down from annual declines...
Bahrain’s construction output contracted by an estimated 0.2% in real terms in 2020 as the industry faced disruptions due to the COVID-19 pandemic and movement restrictions to prevent its spread. Oil price drop further compounded this problem as Bahrain is highly dependent on...
Following the release of data from the Spanish National Statistics Institute (INE) showing a sharp fall in construction output in 2020; Moustafa Ali, Economist at GlobalData,...
India’s Union Budget 2021-22 has given a major boost to the country’s beleaguered construction industry with a planned capital expenditure of US$75.8bn, which is an...
The Nigerian construction industry is expected to rebound in 2021, driven by a sharp recovery in output levels compared to periods when works were not...
The Indonesian construction output declined by 2% in real terms in 2020 due to the large-scale social restrictions (PSBB) imposed by the government to control...
Goldman Sachs and PwC were the top mergers and acquisitions (M&A) financial advisers in the global construction sector for 2020 by value and volume respectively....
President-elect Joe Biden takes office today and whether he will be able to pass his campaign proposals through Congress will have major implications for the...
Following the release of data from the Office for National Statistics (ONS) showing an acceleration in construction output growth in November; Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view...
Construction output growth forecast for Sub-Saharan Africa (SSA) in 2020 has been adjusted further to -5.2% from the previous forecast of -4.9%, according to GlobalData, a leading data and analytics company....
The construction output growth forecast for the Middle East and North Africa (MENA) region for 2020 is forecast to contract by 4.5% in 2020, before recovering with...
UK construction output continued its recovery in October, but GlobalData, a leading data and analytics company, holds its estimate that output for the year as a whole will contract at its fastest ever rate of 15.1%. Moustafa...
Oman’s construction industry is set to contract sharply in 2020, plummeting by 10.3%, according to GlobalData, a leading data and analytics company. The industry is...
Following the release of UK GDP figures for Q3 by the Office for National Statistics (ONS) showing a sharp quarter-on-quarter rise in UK construction output in Q3. Moustafa Ali, Economist at...
The Vietnam construction industry is the best performing one in the Asia-Pacific (APAC) region. Despite losing the momentum due to COVID-19, it has continued to...
Sullivan & Cromwell and White & Case were the top mergers and acquisitions (M&A) legal advisers in the construction sector for Q1-Q3 2020 by value and volume, respectively. A total of 2,118...
China’s Belt and Road Initiative (BRI) projects have been adversely affected due to the world-wide disruption caused by the COVID-19 crisis. Since the start of...
Following the release of data from the Spanish National Statistics Institute (INE) showing a strong quarter-on-quarter rebound in construction output in Q3 2020. Moustafa Ali, Economist at GlobalData, a leading data and analytics company,...
Following the release of data from the French National Institute of Statistics and Economic Studies (INSEE) showing a strong quarter-on-quarter rebound in construction output in the third quarter of 2020; Moustafa Ali, Economist at GlobalData,...
The stringent lockdowns and social distancing norms due to COVID-19 have severely disrupted the construction industry across South and South-East Asia. Consequently, the industry is...
GlobalData lowered its 2020 construction output forecast for Latin America to -11.4% from -6.8% previously, mostly due to the slower than expected rebound in construction...
Led by a recovery in the Chinese construction industry, the output for North-East Asia improved in the second quarter of 2020 following a dismal first...
The construction output growth forecast for Sub-Saharan Africa (SSA) in 2020 has been cut down to -4.9% from previous forecast of 0.7%, according to GlobalData,...
The construction output growth forecast for the Middle East and North Africa (MENA) region for 2020 has been cut to -4.5% from the previous estimate...
Even prior to the COVID-19 outbreak, the construction industry in Australasia was weak, dragged down by a weak residential market in Australia. The COVID-19 outbreak...
GlobalData has revised its forecast for North America’s construction industry to -1.7% this year from the previous projection of -6.5% in the Q2 2020 update,...
GlobalData, a leading data and analytics company, forecasts that construction output across Eastern Europe will fall by 2% in 2020, a relatively strong performance compared...
GlobalData, a leading data and analytics company, forecasts that construction output in Western Europe will plummet by 7.3% in 2020, reflecting the impact of COVID-19...
Following the death of the emir of Kuwait, Sheikh Sabah al-Ahmad al- Jaber al-Sabah; Yasmine Ghozzi, Economist at GlobalData, a leading data and analytics company offers...
Following the release of construction output data for Saudi Arabia revealing a sharp decline in output; Yasmine Ghozzi, Economist at GlobalData, a leading data and analytics...
Prior to the COVID-19 outbreak, Belgium’s construction industry was expected to grow by 3.1% in 2020. However, with the emergence of the pandemic and the...
Following the release of data from the National Institute of Statistics and Census (INDEC) showing a year-on-year drop of 52.1% in construction output in Q2...
Washington is the US state with the highest pipeline value of construction projects that are in the execution stage, and this is reflected in the...
Following the release of data from the Office for National Statistics (ONS) showing a strong increase in construction output in July; Moustafa Ali, Economist at GlobalData,...
Following the release of construction output data for South Africa by Statistics South Africa, which revealed a sharp decline in output; Yasmine Ghozzi, Economist at GlobalData,...
Driven by the unprecedented contraction of 50.3% in real terms in Q2, the Indian construction industry is expected to shrink by 14.9% in 2020. However,...
The Singaporean construction industry is expected to post a V-shaped recovery in 2021 with the industry rebounding to post a growth of 11.2%, measured at...
The Philippines construction industry, which was the fastest growing in the Asia-Pacific (APAC) region prior to the COVID-19 outbreak, has been devastated by the COVID-19...
The Czech construction industry had been struggling in 2019, but was expected to turn a corner in 2020; however, the COVID-19 outbreak and associated containment...
Following the release of data from the French National Institute of Statistics and Economic Studies (INSEE) showing a steep fall in construction output in the...
Following the release of data from the Spanish statistical office showing a steep fall in construction output in the second quarter of 2020; Moustafa Ali, Economist...
Sullivan & Cromwell and White & Case were noted to be the top mergers and acquisitions (M&A) legal advisers in the global construction sector in...
JP Morgan and Ernst & Young (EY) were noted to be the top mergers and acquisitions (M&A) financial advisers in the global construction sector in...
Following the release of data from Eurostat showing a significant improvement in EU construction output in May; Moustafa Ali, Economist at GlobalData, a leading data and analytics company,...
Following the release of data from the Office for National Statistics (ONS) showing an improvement in construction output in May; Moustafa Ali, Economist at GlobalData, a...
The construction industry in the South and Southeast Asia had slowed in 2019, led by a deceleration in real estate markets across many of the...
The construction output for Northeast Asia, which is the largest region in terms of the total value of global construction output, has been revised down...
As the economy reopens across the EU and data from Eurostat points to an improvement in construction industry confidence; Moustafa Ali, Economist at GlobalData, a leading...
Prior to the COVID-19 outbreak, the construction industry in Spain was already showing signs of slow down, with growth decelerating to 3.5% in 2019 after...
The outlook for Indian construction industry has worsened, with the industry now expected to contract by 7.5% in 2020, as the weakness carried over from...
The Middle East and North Africa (MENA) construction sector is expected to be bit by the triple whammy of lower oil production, low oil prices...
Prior to the COVID-19 crisis, the Malaysian construction industry was expected to recover this year, but with the situation worsening, the industry is set to...
GlobalData has cut its construction output forecast for Western Europe to -8.1% in 2020, reflecting the sharp declines in activity across the region in April,...
GlobalData has further cut its forecast for Latin America’s construction industry, with output now expected to contract by 6.8% in 2020, down from the previous...
North America’s construction output is forecast to fall by 6.5% in 2020, with Canada projected to see the steepest decline in output (-7%) owed in...
Following the announcement by the US Bureau of Statistics that construction spending fell by 2.1% in May from a month earlier: Dariana Tani, Economist at GlobalData,...
The 2020 construction output growth forecast for the sub-saharan Africa (SSA) region has been revised down to 0.7% from the previous pre-COVID forecast of 3.6%,...
Following today’s (30 June) news that the UK plans to boost investment in infrastructure and housing; Moustafa Ali, Economist at GlobalData, a leading data and analytics...
Western European construction output is expected to fall by 6.1% in 2020, in comparison to a previously expected expansion of 1.2% prior to COVID-19, says...
The 2020 construction output growth for the Middle East and North Africa (MENA) region has been revised down to -2.2% (down from -1.4% previously), according...
Following the release of April GDP data from the UK: Moustafa Ali, Economist at GlobalData, a leading data and analytics company offers his view on the...
Italy’s construction industry is expected to shrink by 7.4% in 2020 as a result of the lockdown measures to contain COVID-19, according to GlobalData, a...
The construction industry in France is expected to shrink by 9.4% in 2020, according to GlobalData, a leading data and analytics company. This is despite...
Before the COVID-19 outbreak, the Indonesian construction industry was expected to continue to grow at a fast pace over the forecast period owing to the...
Amid the COVID-19 crisis, governments across Asia-Pacific (APAC) are seeking to advance investment in infrastructure to boost their economies. Among the countries in the region,...
Since the beginning of March 2020, the construction industry has been experiencing higher levels of project delays and cancellations due to the COVID-19 pandemic, with widespread restrictions on...
The German Government exempted the construction sector from the lockdown measures imposed in March. While these exemptions helped keep construction sites open during the pandemic,...
Following today’s announcement by the Bank of Chile that the Monthly Economic Activity Index (IMACEC) fell by 14.1% in April, compared with the same month...
Prior to the COVID-19 outbreak, the Philippines construction industry was growing at a robust pace due to the ongoing infrastructure investment and the launch of the Philippine Construction...
The construction output growth forecast for Sub-Saharan Africa (SSA) has been revised to 2.3%, down from the previous projection of 3.3% (as of mid-April) and 6.0% in...
The Indian construction industry is expected to contract by 1.7% in 2020, as the slowdown in 2019 has been compounded by the two-month lockdown due to COVID-19, says...
The revised and further-cut construction output growth forecast for Middle East and North Africa (MENA) region for the year 2020 is -1.1%, down from the...
The Hong Kong construction industry was in dire straits in 2019 as political unrest disrupted the market. The COVID-19 induced economic weakness is now expected to further...
Prior to the COVID-19 outbreak, the construction industry in Singapore had shown some signs of recovery, growing by 2.9% in 2019 following three consecutive years of decline. However,...
Peru’s construction industry is expected to contract by 4% in 2020, compared to a previous year-on-year growth forecast of 5.5%, and down from 1.5% in...
Amid the rapid decline in demand for new projects and safety regulations related to the COVID-19 pandemic, construction output in North America is now anticipated...
With the emergence of the coronavirus and its continued spread across the region, Latin America’s construction output is now expected to contract by 5.5% this...
The gloominess in the Swedish construction industry will worsen further due to COVID-19, with the industry expected to contract by 4% in 2020 despite the country’s no-lockdown decision,...
Following today’s release of first quarter GDP data that showed construction output in the UK contracted by 2.7% in the first quarter of 2020, compared...
Following the news that the Saudi Government decided to raise value-added tax (VAT) from 5% to 15%, effective July 1st, and to suspend cost of living...
As the economies and the construction industries across South and South-East Asia are severely disrupted by the COVID-19 outbreak, the construction output in the regions is set...
The Australian construction industry is expected to contract by 5.7% in 2020 despite the country designating construction industry as ‘essential service’ and allowing it to continue during the...
The construction sector has suffered as a result of the COVID-19 outbreak, experiencing severe disruptions on several construction sites, including the Arctic LNG 2 project. ...
South Korea’s construction industry is expected to contract by 2.8% in 2020 as containment measures for COVID-19 and slower economic growth due to declining exports will adversely affect...
There have been reports of disruption to several construction sites in Turkey, including the US$1.7bn Galataport development, where workers have been protesting following the death...
Due to the severe impact of COVID-19, construction output growth in China is expected to grow by just 1.9% in 2020. The disruption in the first quarter...
Mexico’s construction industry is forecast to continue to contract in 2020 albeit at a sharper rate than in 2019, according to GlobalData, a leading data...
As a result of the severe economic shock caused by the lockdown measures imposed by governments around the world to contain the spread of COVID-19,...
Leading data and analytics company GlobalData forecasts that the Western European construction industry will contract by 5.1% in 2020, a sharp downward revision from the...
Construction activity across Eastern Europe slowed markedly in 2019 and in 2020 output will be severely impacted by COVID-19 containment measures. Leading data and analytics...
Following the news that General Electric has completed construction of a EGP100m control and monitoring center at the Benban solar complex facility; Yasmine Ghozzi, Economist at...
The construction industry in Latin America is expected to contract further in 2020 following a decline in the previous year, according to forecast updates by...
Leading data and analytics company GlobalData has cut further its construction output growth forecast for the Middle East and North Africa (MENA) region for 2020...
Following newsof extensive overhauls in building regulations by the UK Government, and pledges to shame housing developers who are non-compliant with current regulation; Oliver Lockett, Analyst...
Leading data and analytics company GlobalData has revised its construction output growth forecast for Sub-Saharan Africa (SSA) in 2020 to 3.6%, down from the previous...
Prior to the coronavirus (COVID-19) outbreak, leading data and analytics company GlobalData had predicted that there would be an acceleration in the pace of growth in the global construction industry, but given the severe disruption in China and...
With economic conditions set to deteriorate in the coming months, as much of Western Europe has been placed under strict lockdown, the construction industry is...
With UK and Ireland construction firms announcing site closures, project delays and profit warnings amid the coronavirus (COVID-19) outbreak; Moustafa Ali, Economist at GlobalData, a leading...
Driven by the government’s efforts to boost spending on the country’s infrastructure, the value of the construction industry in the Philippines, measured at constant 2017 US dollar exchange...
On March 11, the worst fears of Saudi Arabia’s construction industry were confirmed by a report from leading data and analytics company GlobalData that government ministries had...
The global railway projects pipeline is worth US$5.67 trillion, according to leading data and analytics company GlobalData. GlobalData’s report, 'Project Insight – Global Railway Construction Projects',...
Hong Kong’s construction industry is expected to suffer another year of contraction in 2020 by 3%, making it the fourth consecutive year of decline. However, the industry...
Geopolitical risks are intensifying and could potentially undermine investor confidence and disrupt capital flows in the early part of the forecast period (2020-2024). Risks to...
Now that the UK has left the EU, some of the uncertainty that has constrained new investment growth in the past two years has diminished,...
The global construction industry posted its slowest pace of growth in a decade in 2019, dropping to 2.6%, according to GlobalData, a leading data and...
Construction activity growth in Europe is forecast to decelerate in 2020, while Growth in the Middle East and Africa region as a whole will steadily...
Spurred on by the Turkish Government’s focus on developing transport, residential and energy infrastructure, as well as the investments under its 11th five-year development plan...
The global construction industry has been struggling to generate growth momentum, reflecting weakness in the global economy, but prospects for 2020 are positive, says GlobalData,...
The drive to improve productivity, efficiency and safety is leading to rising investment by mining companies, large and small, in a wide range of technologies....
Sizeable domestic market and the increasing internationalization of project awards helped China to dominate GlobalData’s latest rankings of the leading 500 construction contractors around the...
The Thailand construction industry’s output value in real terms is expected to rise from US$23.5bn in 2018 to US$27.9bn in 2023, measured at constant 2017...
China’s involvement in infrastructure developments in emerging markets across Asia continues to expand, says GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘China’s...
Driven by the Government’s efforts to boost spending on infrastructure, the value of construction industry in China, measured at constant 2017 US dollar exchange rates,...
China’s growing infrastructure involvement in Latin America does not seem to be slowing down any time soon, despite criticisms from US officials and many international financial institutions, says GlobalData, a leading data and analytics...
The Swiss construction industry is expected to record marginal growth between 2019 and 2023, supported by investment in commercial, institutional, residential and renewable energy projects,...
The deterioration in construction output growth across emerging markets has been worse than previously expected, particularly in the US and the Middle East. Therefore, the...
Global infrastructure construction is forecast to grow by 4.8% on an annual average basis in real terms between 2019 and 2023. This will be propelled...
Investment in transport (road, bridges and railway) construction in Africa, is set for rapid growth from US$47.1bn in 2019 to US$69bn in 2020 (in nominal...
Based on data from over *11,000 tracked large-scale country wide construction projects, GlobalData, a leading data and analytics company, finds that 10 major US states...
GlobalData’s Construction Confidence Index (CCI), a barometer of confidence in the global construction industry with regards to growth prospects over the short-term horizon, fell to...
Canada’s construction industry output value was estimated to be US$291.2bn in 2018. This is expected to grow to US$304.6bn in 2023 (measured at constant 2017...
Bulgaria’s construction industry growth decelerated to 3.7% in 2018, after growing at 4.4% in 2017. The industry’s output value in real terms is expected to...
The Australian construction industry, which contracted an estimated 2.8% in real terms in 2018, is expected to regain growth momentum and rise at a compound...