Infrastructure
5 Pointers The US Construction Industry Has To Deal With In 2023
World Construction Today - The year 2022 has been uneven for the American construction sector.
Although inflation and interest rates skyrocketed during the past year, contractors remained upbeat despite the unstable business situation.
In 2022, inflation was a significant worry because...
Infrastructure
Saudi Arabia Construction Sector Strongest In MENA- JLL
World Construction Today - Despite macroeconomic conditions having an impact on the construction sector globally, Saudi Arabia's construction industry continues to dominate the MENA region, according to JLL's Q4 2022. KSA Construction Market Intelligence Report. In 2022, the Kingdom...
Infrastructure
Backlog In US Construction Hits Its Highest Point Since 2019
World Construction Today - The ABC Construction Backlog Indicator increased in November to 9.2 months, up 0.8 months from November 2021 and 0.4 months from October, according to the study. The increase in backlog, according to ABC's head economist,...
Infrastructure
The UN Assesses Progress On Infrastructure Projects Globally
World Construction Today - The first ever global assessment of the environmental dangers and monetary advantages of transportation infrastructure projects has been carried out by the United Nations Environment Programme (UNEP).
A UN team of environmental scientists conducted the study,...
Infrastructure
One-Third of UK Construction Companies Are Short-Staffed
World Construction Today - According to the Office for National Statistics, a labour shortage affected more than one-third of construction companies in late November. A little over 36% of businesses are having trouble hiring new employees, according to the...
Infrastructure
Analysts Claim German Home Values Are Falling Drastically
World Construction Today – Although the German property market has been extraordinarily robust for decades, analysts predict a significant decline in prices during the next few years.
According to Interhyp data, mortgage rates have increased dramatically, with a 10-year fixed...
Infrastructure
The Role of UAE Infrastructure To Its 2050 Net Zero Vision
World Construction Today - While the consequences of climate change are still being felt, nations around the world are working to cooperatively stop this frightening issue and avoid it altogether. Most of all, it seeks to prevent the potentially...
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