Price: $ 1295
BMI View: Even though there is an increasingly positive short-term outlook for the residential and nonresidential sector, growth in the infrastructure segment is going to be the outperformer within the UK construction industry in 2013. We forecast that infrastructure (which accounts for nearly 20% of total construction industry value) will register industry value real growth of 5.2% in 2013, a stark contrast to the 0.9% contraction we expect to see from the residential and non-residential construction segment, which accounts for 80% of total construction sector industry value. The upwards revision in the residential and non-residential sector is attributable to a growth in demand caused by government schemes and an improving picture in the wider UK economy. Our latest forecast sees the UK's ...
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