Industry Analysis & Industry Trends
Because companies have faced subdued conditions and divergent trends in key downstream infrastructure markets, the industry has declined since 2009. Public investment in water, sewer, transportation and conservation and development programs will support demand for infrastructure construction services, resulting in moderate growth as the industry moves ahead... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Despite the poor performance in the early part of the past five years, this industry is in a mature stage of its life cycle due to the long-term nature of existing infrastructure, constraints on public-sector investment and the relatively slow growth and stability of the population. Over the 10 years to 2019, industry value added, which measures the industry's contribution to the economy, is projected to grow at an annualized rate of 1.8%. This rate is slower than GDP's expected annualized growth of 2.7% over the same period, but is disproportionately weighed down by a significant contraction in 2010.
A significant constraint on industry growth is the existence of public infrastructure with a long life cycle... purchase to read more