Remove Construction Remove Forecasting Remove Infrastructure Remove News
article thumbnail

2023 industry recession to be deeper than first forecast

Construction Enquirer

Construction output is now expected to fall by 6.4% this year after economists at the Construction Products Association sharply downgraded forecasts for the second time. Key points of Spring forecastConstruction output falls by 6.4% Key points of Spring forecastConstruction output falls by 6.4%

article thumbnail

Construction Industry in US, Canada Poised for Growth

Construction Superintendent Magazine

After a year of stabilization, the construction industry in the U.S. 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.

US 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

40+ APAC Construction Industry Statistics You Need to Know

Autodesk Construction Cloud

Construction is always changing, which is why it’s worth keeping up with important statistics and developments across the industry. Like many other regions, APAC construction firms are also grappling with issues like labor skill gaps and rising supply costs. You’ll learn about: The current state of construction in APAC.

article thumbnail

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
article thumbnail

6 Ways the COVID-19 crisis will reshape the construction industry

Lets Build

The construction industry, along with all other sectors in the world, will never be the same because of the COVID-19 pandemic. Here are some of the ways the novel coronavirus crisis will reshape construction. Before the COVID-19 pandemic, many construction business owners were reluctant to adopt a flexible work arrangement.

article thumbnail

30+ Construction Industry Statistics for EMEA

Autodesk Construction Cloud

Construction industry statistics and data are increasingly important as they help accelerate decision-making on and off the construction site. Seventy-five percent of global construction industry stakeholders agree or strongly agree that the need for real-time decision-making is increasing at the project level. to reach €2.4/£2

article thumbnail

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 £1.22bn. Managing director Simon Girardier forecast that revenue would slip back next year to £950m as the economy slowed.