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Global construction volume will grow by 1.2% this year and by a 3% annual average over the rest of the decade, forecasts London-based Global Construction Perspectives in a report released Jan. 23.
Projected growth builds on last year’s 0.9% increase to $13.7 trillion following the 0.5% fall in 2022, according to the firm’s analysis of 112 countries in “Global Construction Forecasts 2024-2030.”
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