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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.

ABC 40
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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. trillion estimated in global construction output by 2025. Growth in infrastructure, data centers, and smart cities. Adjusting to the next normal .

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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. 9.9 * trillion estimated in global construction output by 2025. The fastest-growing sector between 2020 and 2025 is forecasted to be infrastructure. As of Q2 2021, German banks have seen sales growth up to 30% compared to 2019.

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Logistics: No Drivers Needed

Business Facilities

It is also helpful in terms of the current truck driver shortage that the American Tucking Association estimates at more than 38,000. Our communities, including Greenwood and Franklin, have made investments in their own infrastructure, schools and downtowns and are committed to providing the quality of place residents are looking for.