Global construction activity is increasing—with the exception of a notable reduction in the United Kingdom—but the industry faces more work with fewer workers, according to Turner & Townsend’s 2018 International Construction Market Survey.
Of the 46 markets examined, 21 are expected to warm up, 23 are stable and only two are likely to cool off. Infrastructure stands out as the hottest sector for the future, followed by commercial construction.
Reprinted courtesy of Joanna Masterson, Construction Executive, a publication of Associated Builders and Contractors. All rights reserved.