Monthly Industry Briefings > Monthly Industry Forecasts > Construction - Oxford Economics Global Industry Forecasts

Monthly Industry Briefings > Monthly Industry Forecasts > Construction

Monthly Industry Briefings > Monthly Industry Forecasts > Construction - Oxford Economics Global Industry Forecasts
Monthly Industry Briefings > Monthly Industry Forecasts > Construction
Published Feb 20, 2015
3 pages — Published Feb 20, 2015
Price US$ 185.00  |  Buy this Report Now

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Abstract:

During 2014, housing was a soft spot in the US economy: on a 3 month moving average basis, annualised residential starts have not been able to decisively penetrate the 1 million mark. Our forecast for year-end 2015 however calls for housing starts to reach the 1.2 million mark, which would also be consistent with the latest set of GVA forecasts. A strongly supportive factor has been the brisk pace of new employment creation, with new non-farm jobs created running at an average rate of 336k over the past three months. Concomitant with this gathering economic momentum, the quarterly rate of change in private construction put in place accelerated towards the end of 2014 to1.6%, or an annualised rate of growth of 6.6%. Nonresidential was markedly stronger than residential; construction of structures for lodging, offices, recreation, and manufacturing proving especially strong.

  
Source:
Document ID
294540
Format:
PDF Adobe Acrobat
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Oxford Economics Global Industry Forecasts—Oxford Economics Global Industry Forecasts provides country industry forecasts, monthly industry briefings, quarterly industry forecast tables, monthly industry data tables, and an industry databank.

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Cite this Report

  
MLA:
Oxford Economics Global Industry Forecasts. "Monthly Industry Briefings > Monthly Industry Forecasts > Construction" Feb 20, 2015. Alacra Store. Nov 07, 2026. <http://www.alacrastore.com/storecontent/Oxford-Economics-Global-Industry-Forecasts/Monthly-Industry-Briefings-gt-Monthly-Industry-Forecasts-gt-Construction-2112-1906>
  
APA:
Oxford Economics Global Industry Forecasts. (2015). Monthly Industry Briefings > Monthly Industry Forecasts > Construction Feb 20, 2015. New York, NY: Alacra Store. Retrieved Nov 07, 2026 from <http://www.alacrastore.com/storecontent/Oxford-Economics-Global-Industry-Forecasts/Monthly-Industry-Briefings-gt-Monthly-Industry-Forecasts-gt-Construction-2112-1906>
  
US$ 185.00
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