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US residential construction weakness bears down on construction spending
The residential sector’s share of the construction market has dropped over recent months.
After stability in late 2022, the UK construction industry is set to weaken
Following a stagnant second half of 2022, the UK construction industry is expected to weaken in 2023.
UK construction shows resilience, but major challenges ahead
The performance of the construction industry in the third quarter has been widely taken as a sign of its resilience.
US construction spending data highlights struggles in residential sector
The residential sector in the US has shown deceleration in MoM growth in the past few months, with a decreasing trend from May 2021.
IIJA funding starts to flow
Eight months after the IIJA was passed, funding has started to feed down to agencies, states, localities, and communities.
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Infrastructure to drive growth in China, amid residential weakness
With home buyers deterred, housing sales have suffered.
EU Recovery and Resilience Facility to limit the downturn in construction
The construction sector in Europe is set to see a boost through the EU Recovery and Resilience Facility, which will help EU member states.
Project delays in India’s major project pipeline continues to rise in May 2022
Projects in the road transport and highway sector account for the highest share of projects in the pipeline.
Mexico’s construction industry continues to recover
According to the latest Monthly Business Opinion Survey conducted by INEGI, confidence in the construction industry continued to expand.
Turkey’s widening trade deficit expected to constrain construction output growth
Despite the boost to export industries coming from the weak lira, the rise in exports has been offset by a sharper rise in the value of imports.