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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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Construction Equipment Market Worth Over $200 Billion By 2020

Construction Equipment

billion by 2020, based on a report by Grand View Research, a U.S. Rapid infrastructural growth along with urbanization is expected to drive industry growth over the forecast period. The global construction equipment market size is projected to reach $208.36 based market research and consulting company.

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Transportation Market to Grow 5 Percent: ARTBA

Construction Equipment

transportation infrastructure market is expected to grow at least 5 percent next year, according to the annual economic forecast released Dec. The real market growth for 2020 is being fueled by increased… 4 by the American Road & Transportation Builders Association (ARTBA).

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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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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). Congress has a strong interest in increasing P3s in the transportation infrastructure sector long after the IIJA phases out. The P3 model is not the best model for every project.

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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% State of the Industry. Oxford Economics ]. Statista ].

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Total Cost of Ownership Model Informs Future-Focused Facility Planning

BD+C

Reap the Benefit of Long-Term Financial Forecasting What if you could predict the financial journey of your asset, equipment, or investment from the moment it enters your possession to the end of its lifecycle?

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