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Global construction market may increase nearly 4 percent through 2020

from For Construction Pros

The global construction industry has regained growth momentum, with the pace of expansion accelerating from an annual average of 2.7 percent a year in 2011-2013 to 3.1 percent in 2014. The forecast is for a further uptick to 3.8 percent in 2015, and then an average annual increase of 3.9 percent in 2016-2020, according to the latest analysis from Timetric's Construction Intelligence Center. more

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