CIC - Construction Intelligence Center

Construction Outlook Update - Key Markets in Western Europe

  • Published:Monday, November 06, 2017


GlobalData’s Construction Intelligence Center (CIC) expects to see modest growth across major markets in Western European in 2017.

 

Across the region, the economic outlook is improving generally, following weak growth in the recent years. Such recovery remains fragile, however, and downside risks remain pertinent. Into 2018, we expect construction activity to increase as economic growth picks up further and business confidence strengthens. Public sector spending will also continue to bolster construction activity across the region. Over the forecast period through to 2021, this broader recovery will continue to gather pace, and we expect to see reasonable gains across the region over this period.

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