Global construction continuing to rebound despite Russia-Ukraine conflict and China lockdowns
Globally, the value of Construction Work Done is continuing to rebound following the Covid disruption, supported by government stimulus which is being targeted in different ways across different countries. However, the Russia-Ukraine conflict and recent omicron outbreaks in China weigh over the near-term outlook. In this webinar we present our key findings of the distribution and outlook of construction activity across sectors and countries. We will also discuss our plans for the service, including further developments that will be launched later this year.
Talking points:
- Investment is often a target for fiscal policy through economic recoveries, and this inevitably means an acceleration in construction work done. Which countries are doing the most and what are the key areas of focus?
- Given the shift in spending patterns over the pandemic, it’s no surprise that activity in hospitality has fallen sharply while warehousing/logistics and manufacturing have accelerated rapidly. When are these trends likely to reverse, and to what extent?
- Increased construction activity and constrained supply of construction inputs has raised questions around industry capacity to deliver a strong pipeline of construction work. What is driving the increase in construction costs, and which sectors will be most affected?
Note: Please note that we will be holding one webinar each for APAC, EMEA, and Americas friendly time zones. Can’t make it to any of the sessions? Feel free to register for any session and we will automatically share the recording with you 3 hours after the webinar has finished.
Dr Nicholas Fearnley
Head of Global Construction Forecasting
Dr Nicholas Fearnley
Head of Global Construction Forecasting
Dr Nicholas Fearnley is the Head of Global Construction Forecasting at Oxford Economics. He is responsible for producing the Global Construction Service and oversees the teams that produce the Asia Construction Service, Mining, and Maintenance Outlooks. He Holds a PhD in economics, and regularly presents and provides commentary for the construction industry.
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