UK: CPA predicts output growth

The Construction Products Association (CPA) envisages a 5.3% rise in output in 2015. In comparison, the British Chambers of Commerce predicts UK economic growth of 2.7%.
October 22, 2014 Read time: 1 min

The 3742 Construction Products Association (CPA) envisages a 5.3% rise in output in 2015. In comparison, the British Chambers of Commerce predicts UK economic growth of 2.7%.

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Global construction industry to see annual average growth of 3.9% 2016-20, says new Timetric CIC report

The global construction industry is expected to grow at an average annual rate of 3.9% over 2016-2020, according to a report by Timetric’s Construction Intelligence Center (CIC).

The industry has regained growth momentum worldwide, with expansion accelerating from an annual average of 2.7% a year in real terms in 2011–2013 to 3.1% in 2014. CIC forecasts a further rise to 3.8%% in 2015, and then an average annual increase of 3.9% in 2016–2020.

Based on the CIC’s Global 50, a grouping of the 50 largest

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