Global Construction Outlook to 2023 - Q1 2019 Update: Latest Analysis Scrutinized in New Research
Expects the pace of global construction output growth to pick up in 2019, reaching 3.4% from 3.2% in 2018. The improvement is entirely owing to an acceleration in growth in construction activity in emerging markets, most notably in China, where the authorities are stepping up investment in infrastructure to prevent a continued slowdown. However, growth in China will drop back from 2021 onwards, and this will contribute to a slight easing in construction growth in emerging markets.
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