World Construction Industry Outlook

World Construction Industry Outlook

Global construction is an industry which is going against the grain of poor economic growth.  Whereas the majority of the world’s other industries are experiencing stagnancy at best, construction companies are on the rise. A recent study by the International Construction Magazine has taken a close look into the massive global construction market over 2013 and 2014.  The study establishes a broader economic picture, making sense of the relationship between the construction industry and GDP growth.

Given the consistently positive direction in which this industry is progressing, the Qatar Construction Review exists to bring to you the best suppliers and services available in this booming sector.  To demonstrate how the trend of tepid economic growth is being bucked, the construction industry is expected to experience growth of 4.5% between 2013 and 2014, the value of which is highlighted in contrast to the 3.3% by which the global economy is expected to grow in the same time frame.  The only area where this clear trend is not evident is in the European market, where the growth of the construction industry is less robust than that of the general economy.

It is promising to see that the developing areas of the world are contributing significantly towards the global trend, which is largely due to heavy investment in infrastructure and energy.  Although today’s levels of growth are not quite matching the booming years of last decade, it is expected that emerging markets will see average construction growth figures of over 6.8% for the year, in comparison to the global average of 4.5%

QatarConstructionReview.com is a guide to the construction industry, bringing high-quality international constructionservices to your local project.  Today, the global construction industry is estimated to be valued at USD $7.5 trillion.  For your next project, find the best companies and services available at Qatar ConstructionReview.

World Construction Industry Outlook

Global construction is an industry which is going against the grain of poor economic growth.  Whereas the majority of the world’s other industries are experiencing stagnancy at best, construction companies are on the rise. A recent study by the International Construction Magazine has taken a close look into the massive global construction market over 2013 and 2014.  The study establishes a broader economic picture, making sense of the relationship between the construction industry and GDP growth.

Given the consistently positive direction in which this industry is progressing, the Qatar Construction Review exists to bring to you the best suppliers and services available in this booming sector.  To demonstrate how the trend of tepid economic growth is being bucked, the construction industry is expected to experience growth of 4.5% between 2013 and 2014, the value of which is highlighted in contrast to the 3.3% by which the global economy is expected to grow in the same time frame.  The only area where this clear trend is not evident is in the European market, where the growth of the construction industry is less robust than that of the general economy.

It is promising to see that the developing areas of the world are contributing significantly towards the global trend, which is largely due to heavy investment in infrastructure and energy.  Although today’s levels of growth are not quite matching the booming years of last decade, it is expected that emerging markets will see average construction growth figures of over 6.8% for the year, in comparison to the global average of 4.5%

QatarConstructionReview.com is a guide to the construction industry, bringing high-quality international constructionservices to your local project.  Today, the global construction industry is estimated to be valued at USD $7.5 trillion.  For your next project, find the best companies and services available at Qatar ConstructionReview.