The construction industry outlook for 2021 varies by country and region. GlobalData expects a 3.2% growth for the sector worldwide in 2021. That is the slowest growth rate in a decade, but the industry isn't sluggish. Concerning broader construction industry trends,
Year-on-year With builders heeding the Government's mandate to keep construction sites open, complete sales in Nov 2020 were 9.0% higher than in Nov 2019. Growth over the time period was driven primarily via Landscaping (+29.3%) and Timber and Joinery Products (+16.3%).
Parties and Stakeholders includes in the Construction Sector Client Professional Advisers Professional bodies Contractors Suppliers Manufacturers Financial Institutions Research and Development Bodies Public Authorities Construction Industry Categories The industry divided into three categories terms of works. Building Construction – Construction of residential,