[ad_1]
The annual WA100 survey shows that more companies expect to achieve global growth this year.Regionally, the US is strong but the Middle East continues to lead, while China slows and Europe deteriorates
Confidence in the prospects for the global construction economy is recovering, but sentiment is more polarized than before. That’s the takeaway from this year’s WA100 survey of best practices.
Nearly two-thirds (61%) of companies surveyed expect the world construction economy to grow next year, with 9% believing this expansion will be strong. That marks an improvement from last year, when businesses were forecast to grow 49% as the world economy was rocked by war in Ukraine and an energy price shock.
However, 16% believe the global construction economy will decline, up from 10% last year. The proportion predicting that the economy will stagnate in the next 12 months has narrowed to 23% from 40% last year.
…
[ad_2]
Source link