Overall, total construction output is now forecast to fall by 4.7% in 2023, a downward revision from the 3.9% in the Autumn forecast, which was determined in the immediate aftermath of the Mini Budget and during the height of the political and financial markets chaos. Risks to the forecasts...
Explore in-depth data analysis on the US construction and infrastructure economic spending forecast and industry trends overview for state and metro areas.
estate. Statistics for the US commercial building market share, size, and revenue growth rate, created by Mordor Intelligence™ Industry Reports, provide a comprehensive analysis. The US commercial building analysis includes a market forecast outlook and historical overview. Get a sample of this ...
The Australia Construction Market size is estimated at USD 172.29 billion in 2024, and is expected to reach USD 225 billion by 2029, growing at a CAGR of 5% during the forecast period (2024-2029).The huge investment flowing in the industry is driving the market. Furthermore, the industry ...
By 2027, the overall value of construction put in place in the United States, which includes the residential, non-residential, and non-building segments, is forecast to reach over 2.2 trillion U.S. dollars. During the past decades, U.S. spending on private construction has fluctuated more ...
Forecast & Industry Trends Overview Learn more about US Construction and Infrastructure Economic Spending Forecast & Industry Trends Overview Call Sales +1 844 301 7334Gain a better understanding of the 15-year US construction economic spending forecast and industry trends overview by state and by ...
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Hong Kong’s GDP is forecast to grow between 2.5 to 3.5 percent in 2024, following a 3.2 percent increase in 2023. Due to an expected dip in private sector construction activity and spending on public projects this year, Hong Kong’s construction industry tender prices are predicte...
high interest rates and persistent high inflation mean that housebuilding is slowing down across the continent, and some civil engineering projects are being slowed or delayed as costs spiral. Furthermore, industry investment in new factories and facilities will likely slow too as economic output ...
As we look towards 2024, the future of construction is bright with the promise of innovation, sustainability, and efficiency. Embracing these emerging technologies and trends, the industry is set to meet the challenges of the modern world head-on, paving the way for a more sustainable, resilient...