Dive summary:
- Timetric, a consulting firm whose practices include construction, reports that 53% or respondents in a survey of high-level construction executives said they think revenue will grow more in the comping year than it did in the last.
- Half of the same group of 126 leaders said they think merger and acquisition activity will pick up, too, as companies seek wider reaches and small and medium-sized companies feel the pressure of rising costs.
- The executives said they see conditions improving in the U.S. and Canada, but India, Brazil, the UAE, China and Saudi Arabia were high on the list of growth areas.
From the article:
It analyzes the global construction industry’s outlook, and explores how business opportunities and demands are expected to change in 2013–2014.