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Construction activity is stabilising and even beginning to show something of a rebound in some sectors of the market, suggests the latest analysis from Glenigan | Powered by Hubexo. #construction #business Allan Wilen

A hopeful sign signaling some increase in economic activity within the country. Hopefully, the increase in new residential housing can stimulate job growth, boost consumer confidence, and contribute to overall economic growth. It is crucial to consider the broader economic context, including the interest rate trends, inflation, and supply chain constraints, which may impact the sustainability of this trend. Nonetheless, there is a light at the end of the tunnel. Cautious optimism.

Investment in building construction rose 2.1% to $21.6 billion in September 2024, following a 0.2% increase in August. The residential sector increased 2.9% to $15.2 billion in September, while the non-residential sector edged up 0.3% to $6.4 billion. Year over year, investment in building construction grew 6.7% in September. 🔗 https://lnkd.in/exZMeP-B

Great news for construction professionals! Glenigan predicts a construction boom on the horizon, fueled by increased government investment in public sector and infrastructure projects. This is exciting news for our industry, and it will create opportunities for a wide range of construction professionals. In addition to public spending, the article also suggests that the budget will boost consumer confidence, leading to a rise in private construction projects in housing, retail, and hotel & leisure sectors. This is great news for businesses of all sizes in the construction industry. Are you seeing this positive impact in your area of the construction industry? Let's discuss in the comments below! #construction #constructionuk #infrastructure #myhitligb

August revealed an increase in project starts, according to the recent Construction Index released by Glenigan, showing a renewed confidence in the construction market - https://ow.ly/R2hP50SR3yG Specification Online #ConstructionIndustry #ConstructionIndex #ConstructionProject

More encouraging news about activity and growth in the construction sector. 👷♀️🚧 Certainly aligns with the more positive trends we experienced in July! #construction #growth #recruitmentredefined

WHICH MARKET ATTRACTS MAJOR INVESTMENTS? While the allure of Australia's construction market appeared to have cooled off, dominated as it is by large corporations, Former Australian Minister of Infrastructure Alan Tudge has demonstrated otherwise. "Civil construction, including transport, offices, headquarters, and similar facilities, holds a significant share of Australia's construction market. However, two other segments, when combined, actually surpass civil construction in scale. These are residential construction and non-residential construction," Mr. Alan shared. Specifically, Mr. Alan outlined three major investment segments within Australia's construction market, hinting at growth opportunities amid reduced competition advantages: - Residential Construction: Australia's residential construction market is expansive, with approximately 200,000 homes built annually, yet it sees limited contractor participation. - Non-residential Construction: Government-funded projects such as commercial centers, social projects, industrial centers, and infrastructure are highly diverse, presenting numerous opportunities for solution-oriented businesses. - Civil Construction: This includes projects related to transport, offices, headquarters, and similar public utilities, where several major players currently dominate the market. Explore the comprehensive overview of Australia's construction market in the comments below to ensure you don't miss out on any opportunities 👇 Please fill out the form to receive additional information and detailed advice on expanding your business opportunities in the Australian construction market—a promising and full of potential market: https://lnkd.in/gGWnQ_Sm

The North American construction market is thriving, and there's no sign of it slowing down anytime soon. With a diverse range of projects, including residential, commercial, and industrial construction, this industry is dynamic and continuously evolving. The demand for new construction projects is fueled by factors such as population growth, urbanization, and economic development, all of which are expected to continue over the forecast period. According to recent reports, the North American construction market is projected to reach a staggering $1.8 trillion by 2027. This growth will be driven by a combination of new construction projects and ongoing maintenance and renovation activities. As the industry continues to expand, it's essential to stay informed about the latest trends and innovations. Whether you're a seasoned professional or just starting in the industry, there's never been a better time to be a part of North America's construction market. So let's keep building and shaping the world we live in!

Irish Construction Industry Updates From housing shortages to the push for sustainable development, our latest update covers everything you need to know about Ireland’s booming construction sector. 🔗 Read the full report on our website: https://bit.ly/4ehAeQO #ConstructionIndustry #SustainableDevelopment #HousingCrisis

British construction materials group GRS has opened a new office in Suffolk to support the housebuilding and energy infrastructure boom in the East of England https://lnkd.in/eGJajjbx