Details

  • Industry: Financial Services, Real Estate & Construction
  • Type: Survey report
  • Date: 16/11/2009

Global Construction Survey

Global Construction Survey highlights the outlook of many engineering and construction companies about their immediate prospects.

Global Construction Survey 2009 - Navigating the storm 

Despite the deepest recession in 60 years, the construction industry is surprisingly positive about its future prospects. Almost two thirds expect to either increase or at least maintain profit levels by mid-2010. To date, the sector appears to have weathered the economic storm. However, as longer-term projects wind down for some contractors, much rests on the impact of proposed government stimulus packages.
Global Construction Survey 2009 cover
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The survey found that 65 percent of global respondents believe that government stimulus packages will increase opportunities over the next 12 months, whereas, Australian contractors were far more optimistic with 93 percent expecting an increase in opportunities.
 

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