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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.

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Construction Industry in US, Canada Poised for Growth

Construction Superintendent Magazine

JLL’s new U.S. and Canada Construction Trends 2024 forecast explores the opportunities and challenges facing the construction industry in the year to come. With immense housing needs, return to office strengthening and federally backed infrastructure and manufacturing accelerating, the industry is poised for growth despite.

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Real Street Conference & Expo News: Facility Management Market Worth $43.69 Billion By 2019

Buisness Facilities Contributed Content

According to the report “Facility Management Market by Solutions (CAFM, IWMS, CMMS, BIM, IWMS) & Services – Worldwide Market Forecasts and Analysis (2014-2019), “ infrastructural development and technological advancements are the primary factors driving the growth for the facility management market. Posted by Heidi Schwartz.

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Winvic profit falls a third after losses on two jobs

Construction Enquirer

But revenue at the group, which has also diversified into civils and infrastructure work, continued to rise steeply jumping 18% to ÂŁ1.22bn. Managing director Simon Girardier forecast that revenue would slip back next year to ÂŁ950m as the economy slowed.

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40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

There’s also plenty of good news: infrastructure investments are pouring in, sustainability continues to be a focus, and digital technologies are helping firms be more efficient. In 2022, APAC construction experts expect growth in private residential, commercial, and infrastructure to be up 12%, 15%, and 50% respectively.

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ABC Predicts Construction Sector Will Remain Strong in 2019

Construction Superintendent Magazine

. — Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a recently published 2019 economic outlook. Job growth, high backlog and healthy infrastructure investment all spell good news for the industry.

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Roundabouts Ramp Up in Popularity | ENR: Engineering News.

ENR Construction

Search our site: Infrastructure. Annual Subscription : Get ENR magazine for one year and access to all articles published on ENR.com, along with ENR daily news alerts and weekly newsletters for only $87.00/Year. Regional news and information. Daily news alerts & weekly e-newsletters. Industry forecasts. contact us.

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