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2023 industry recession to be deeper than first forecast

Construction Enquirer

this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Falling private new housing combined with recent government delays to major infrastructure projects has prompted the spring forecast downgrade from a previously forecast 4.7% fall in output. in 2023 and 1.2%

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20 construction industry trends to watch in 2020

Building Radar

Top trends in the construction industry 2020 How will the construction industry develop in 2020? We have studied and evaluated numerous sources – discover with us the most important trends and developments in the construction industry in 2020. What trends will determine the industry? And what does that mean for you?

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Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

This article is part of Construction Junkie’s coverage of Groundbreak 2020 , Procore’s annual technology conference. Sage Intacct Construction Officially announced in March of 2020, Sage Intacct Construction gets its name from a combination of “internet” and “accounting,” as that’s precisely what it is.

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Housing Prices Threaten the Federal Reserve's Inflation Outlook

Pro Builder

Forecasters predict elevated home prices to be a temporary reaction to the economy’s reopening after pandemic-related restrictions, but the Wall Street Journal says housing costs appear to be more persistent than expected. over the 12 months through June, about half of the rate of growth seen in February 2020. cbroderick. Read More.

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30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

These data points portray the current state of affairs while also forecasting what’s to come. Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% The European Union’s (EU) total investment in construction in 2020 was €1.4 million at the end of 2020.

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40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% Asia-Pacific is projected to account for US$7.4/A$10.2 APAC projects in the pre-planning stage account for US$92.3/ Meanwhile, projects in the planning stage account for US$443/A$609 billion of pipeline value.

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Maryland Vetoes Renewable Energy Portfolio Standard Increase

Green Building Law Update

House Bill 1106 would impose higher electric prices from $49 million next year to $196 million by 2020 to fund the proposed increase in the State’s Renewable Energy Portfolio Standard. The current law will have Maryland reach 20% by 2020 with the inclusion of express standards for solar and offshore wind (. This includes 12.7%

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