Global Construction: Growth Slowing And Switching From Housing To Infrastructure Work

Published by
The Street

By PR Newswire LONDON, Jan. 5, 2022 /PRNewswire/ — Global Construction Perspectives has today published the latest edition of its annual forecasts for global construction volumes in 112 countries until 2030 1. The key points in the latest report are: Construction output globally is estimated to have rebounded in 2021 (+4.1%) to $13.2 trillion, from a minor downturn in 2020 (-0.1%).101 of the 112 countries are estimated to have had growth in their construction volumes in 2021, up from 33 in 2020.53 of the countries whose construction volumes had declined in 2020 did not recoup the shortfall in…

Read More