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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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Federal Infrastructure Bill Paves the Way Toward More Transportation Infrastructure Public-Private Partnerships

Constructlaw

trillion Infrastructure Investment and Jobs Act (IIJA) is poised to change how the United States views and implements public-private partnerships (P3s). A recent Government Accountability Office study found that the average time to complete a NEPA review is 4.5 infrastructure to crumble again due to the lack of insufficient funding.

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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. Spending on construction accounted for 13% of the global GDP in 2020; it’s expected to reach over 13.5% Oxford Economics ]. Oxford Economics ].

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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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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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Global Market For Smart Cities To Reach $1,265.85 Billion By 2019

Buisness Facilities Contributed Content

According to the report “ Smart Cities Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019 ,” the global smart cities market is expected to reach a value of $1,265.85 North America was the largest contributor to the smart cities market and accounted for a share of 34.5%

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Inexpensive Natural Gas Boost Manufacturing Jobs, Economy In U.S. Metro Areas

Buisness Facilities Contributed Content

It also forecasts expected employment and sales from 2012 to 2020 in the top 100 metro areas, all 363 metros combined, and nationally, for the nine manufacturing sectors. In 2012, metro economies accounted for greater than 78% of the total employment and 82% of the real sales in energy intensive manufacturing industries.

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