Business & Industry
Building Products
First Dip In US Building Material Costs Y-O-Y Since Aug 2020
Construction input prices, or the cost of developing a given project in the US, declined for the first time in more than 18 months compared to the previous year, but remained 39% higher than in February 2020, when the...
Infrastructure
The State of Construction In Spain And The Hurdles Ahead
Even though S&P Global Market Insights has moved past the prospect of Spain going through a shallow recession across the fourth quarter of last year and the first quarter of 2023, the expenditure breakdown for the fourth quarter looked...
Building Products
4% Italian Cement Output Increase Recorded In January 2023
In good news coming in from Italy, the cement production there has seen an increase of 4% year-over-year in January 2023, as per Federbeton, the country’s construction chamber. As compared to the 2015 base index production, the value had...
Civil Engineering
Europe Modifying Building Codes To Cut Carbon Emissions
CO2 emissions from construction have indeed hit a new scale, thereby leaving the sector off track when it comes to decarbonizing by 2050, as per a recent UN report.
However, there are a small but reasonable number of countries that...
Infrastructure
Rail Link Deal To Enhance Trade Ties Between Iraq And Iran
Mehdi Hasan Safari, the Iranian Deputy Minister for Economic Diplomacy, has confirmed that the Iraqi government has, for the very first time, assigned a budget for a key railway project that would link the country’s southern port of Basra...
Civil Engineering
UK Construction Output Grows Consecutively In Two Months
Construction output in the UK happened to have a second consecutive successful month in March. However, the expansion rate of the sector eased as the demand for residential work dropped off.
As per the latest S&P Global/CIPS UK Construction PMI...
Infrastructure
Commercial Construction In US To Stay Robust In Near Future
In a recent development that has taken place, overall construction spending in the US dipped by 0.1% in February since the demand for data centres as well as manufacturing plants balanced out weak single-family homebuilding and public construction.
Apparently, the...
Subscribe
- Never miss a story with notifications
- Gain full access to our premium content
- Browse free from any location or device.
