Industry Analysis & Industry Trends
Most revenue from the Tunnel Construction industry comes from government spending. When tax revenue declined during the recession, state and local governments cut construction budgets, but federal stimulus kept the industry afloat; over the next five years, stimulus will continue to benefit the industry as the economy gains momentum and demand picks back up.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Tunnel Construction industry is in the mature phase of its life cycle. Following decreased demand for projects during the economic downturn, the industry began to recover in 2010 and continues to strengthen in 2013. Industry value added (IVA), which measures the industry's contribution to the economy, is expected to increase at an average annual rate of 1.7% over the 10 years to 2018. This increase is slightly lower than the GDP growth rate of 2.1% over the same period.
In the five years to 2018, revenue is forecast to rise an average annual 4.9% to $2.3 billion. During this period, industry growth will be supported by an increase in borrowing from private investors and increased demand for utility tunnel structures... purchase to read more