Construction

Driven by investments in transport infrastructure, construction industry output in Czech Republic set to grow to US$38.5bn by 2024

The Czech construction industry had been struggling in 2019, but was expected to turn a corner in 2020; however, the COVID-19 outbreak and associated containment measures have impacted the industry and it is now expected to post a contraction of 2.2% in 2020. The industry is expected to recover in 2021 and grow at an […]

Construction

Philippines construction industry to reach US$75.1bn in 2024, says GlobalData

The Philippines construction industry, which was the fastest growing in the Asia-Pacific (APAC) region prior to the COVID-19 outbreak, has been devastated by the COVID-19 and is expected to post a sharp contraction of 9.2% in 2020. However, the industry is expected to bounce back strongly in 2021 and grow at an annual average rate […]

Construction

French construction output will contract by 11.6% in 2020, says GlobalData

Following the release of data from the French National Institute of Statistics and Economic Studies (INSEE) showing a steep fall in construction output in the second quarter of 2020; Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view: “The steep fall in French construction output, having contracted by 24.1% in […]

Construction

Spain’s construction output will contract by 10.4% in 2020, says GlobalData

Following the release of data from the Spanish statistical office showing a steep fall in construction output in the second quarter of 2020; Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view: “Spanish construction output contracted by 24% in the second quarter on a quarterly basis. The sharp fall in […]

Business Fundamentals, Construction

Sullivan & Cromwell and White & Case were top legal advisers by value and volume in global construction sector in H1 2020

Sullivan & Cromwell and White & Case were noted to be the top mergers and acquisitions (M&A) legal advisers in the global construction sector in the first half (H1) of 2020, based on deal value and volume, respectively. Sullivan & Cromwell advised on four deals worth US$24.2bn, which was the highest among all the advisers. […]

Business Fundamentals, Construction

JP Morgan and EY were top financial advisers by value and volume in global construction sector in H1 2020

JP Morgan and Ernst & Young (EY) were noted to be the top mergers and acquisitions (M&A) financial advisers in the global construction sector in the first half (H1) of 2020, based on deal value and volume, respectively. JP Morgan advised on six deals worth US$31.8bn, which was the highest among all the advisers. Meanwhile, […]

Construction

EU construction activity picks up sharply in May, says GlobalData

Following the release of data from Eurostat showing a significant improvement in EU construction output in May; Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view on the latest construction data release: “EU construction output rebounded in May, with output increasing by 21.2% month-on-month following the record fall in April, when output plummeted by […]

Construction

UK construction output rebounds in May as economy restarts, says GlobalData

Following the release of data from the Office for National Statistics (ONS) showing an improvement in construction output in May; Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view: “The improvement in construction output in May reflects the restarting of operations for most firms in the sector and is in […]

Construction

Construction industry growth in Northeast Asia will decelerate to 1.1% courtesy COVID-19, finds GlobalData

The construction output for Northeast Asia, which is the largest region in terms of the total value of global construction output, has been revised down to 1.1% as compared to the pre-COVID forecast of 4.2% by GlobalData, a leading data and analytics company. Although being the epicenter of the COVID-19 pandemic, China is still expected […]

Construction

South and Southeast Asia’s construction industry set to contract by 4.3% in 2020, says GlobalData

The construction industry in the South and Southeast Asia had slowed in 2019, led by a deceleration in real estate markets across many of the countries including India, which accounts for more than 50% of the region’s construction output. Prior to the onset of COVID-19 outbreak, the region was expected to regain some of its […]

Construction

GlobalData revises construction industry growth in Spain, growth now set to contract by 10.4%

Prior to the COVID-19 outbreak, the construction industry in Spain was already showing signs of slow down, with growth decelerating to 3.5% in 2019 after an annual average growth of 5% during the preceding four years. However, owing to the effects of COVID-19, the industry is now expected to contract by 10.4% in 2020, according […]

Construction

European construction industry expected to recover in second half of 2020, says GlobalData

As the economy reopens across the EU and data from Eurostat points to an improvement in construction industry confidence; Moustafa Ali, Economist at GlobalData, a leading data and analytics company, offers his view: “COVID-19 lockdown measures coupled with the virus outbreak led to severe disruption in construction output across the EU between March and May, […]

Construction

India’s construction industry to contract by 7.5% in 2020, says GlobalData

The outlook for Indian construction industry has worsened, with the industry now expected to contract by 7.5% in 2020, as the weakness carried over from 2019 has been compounded by the long COVID-19 lockdown, says GlobalData, a leading data and analytics company. Prior to the COVID-19 outbreak, the Indian construction industry had been showing signs […]

Construction

Further cuts to MENA construction sector expected for 2020 as region hit with triple whammy, says GlobalData

The Middle East and North Africa (MENA) construction sector is expected to be bit by the triple whammy of lower oil production, low oil prices and contracting non-oil sectors. Leading data and analytics company GlobalData has further cut its construction output growth forecast for the region for 2020 to -2.4%, down from the previous forecast […]

Construction

COVID-19 worsens slowdown in Malaysia’s construction industry with businesses to contract by 8.8% in 2020, says GlobalData

Prior to the COVID-19 crisis, the Malaysian construction industry was expected to recover this year, but with the situation worsening, the industry is set to contract by 8.8% in 2020. Post resumption of economy activity, it is expected that work on the construction sites will be ramped up quickly in the coming months, recovering some […]

Construction

Western European construction output to plummet by 8.1% in 2020, says GlobalData

GlobalData has cut its construction output forecast for Western Europe to -8.1% in 2020, reflecting the sharp declines in activity across the region in April, during which construction work ground to a halt in numerous markets. Moustafa Ali, Economist at GlobalData, commented: “There is a divide in the region between those most severely impacted by […]

Construction

Fall in US construction spending in May shows ongoing weakness in country’s construction industry, says GlobalData

Following the announcement by the US Bureau of Statistics that construction spending fell by 2.1% in May from a month earlier: Dariana Tani, Economist at GlobalData, a leading data and analytics company, offers her view on the situation: “May’s construction spending data shows the ongoing weakness in the US construction industry amid the COVID-19 pandemic. […]

Construction

North America’s construction output to fall by 6.5% in 2020, says GlobalData

North America’s construction output is forecast to fall by 6.5% in 2020, with Canada projected to see the steepest decline in output (-7%) owed in part to the collapse in global oil prices, while construction output in the US is projected to decrease by -6.5%, according to GlobalData, a leading data and analytics company. Even […]

Construction

Latin America construction output now expected to contract by 6.8% in 2020, says GlobalData

GlobalData has further cut its forecast for Latin America’s construction industry, with output now expected to contract by 6.8% in 2020, down from the previous forecast of -5.5% in the May 2020 update and growth of 2.3% pre-COVID-19. Construction activity in all major markets, including Brazil, Mexico and Argentina is projected to decline sharply this […]

Construction

SSA construction sector sees cuts as COVID-19 impacts economic activity and investment growth, says GlobalData

The 2020 construction output growth forecast for the sub-saharan Africa (SSA) region has been revised down to 0.7% from the previous pre-COVID forecast of 3.6%, according to GlobalData. This revision reflects the impact of COVID-19 on the region’s economic activity and investment growth stemming from the wider global slowdown. Revenues from travel and air transport […]

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Construction

Driven by investments in transport infrastructure, construction industry output in Czech Republic set to grow to US$38.5bn by 2024

Philippines construction industry to reach US$75.1bn in 2024, says GlobalData

French construction output will contract by 11.6% in 2020, says GlobalData

Spain’s construction output will contract by 10.4% in 2020, says GlobalData

Sullivan & Cromwell and White & Case were top legal advisers by value and volume in global construction sector in H1 2020

JP Morgan and EY were top financial advisers by value and volume in global construction sector in H1 2020

EU construction activity picks up sharply in May, says GlobalData

UK construction output rebounds in May as economy restarts, says GlobalData

Construction industry growth in Northeast Asia will decelerate to 1.1% courtesy COVID-19, finds GlobalData

South and Southeast Asia’s construction industry set to contract by 4.3% in 2020, says GlobalData

GlobalData revises construction industry growth in Spain, growth now set to contract by 10.4%

European construction industry expected to recover in second half of 2020, says GlobalData

India’s construction industry to contract by 7.5% in 2020, says GlobalData

Further cuts to MENA construction sector expected for 2020 as region hit with triple whammy, says GlobalData

COVID-19 worsens slowdown in Malaysia’s construction industry with businesses to contract by 8.8% in 2020, says GlobalData

Western European construction output to plummet by 8.1% in 2020, says GlobalData

Fall in US construction spending in May shows ongoing weakness in country’s construction industry, says GlobalData

North America’s construction output to fall by 6.5% in 2020, says GlobalData

Latin America construction output now expected to contract by 6.8% in 2020, says GlobalData

SSA construction sector sees cuts as COVID-19 impacts economic activity and investment growth, says GlobalData

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