United States Infrastructure Market Report Q2 2014
In line with our long held view that the residential construction sector would drive the recovery in the US construction industry, we believe 2014 will see another positive year for growth in the sector. Real industry value is expected to expand by 1.8%, driven primarily by a 2.0% expansion in residential and non-residential building. However, over the medium term, the recovery will naturally slow, and while we expect an expansion in infrastructure industry value, following a steep Contraction in 2013,...
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