Shreena 
At the top of the Quality of Life category are cities with lower inequality and residents that live long lives. Most of these cities also provide residents with access to a wide range of recreation and cultural amenities. They tend to be smaller than the leading cities in the Economics or Human Capital categories, and every city in the top 10 is located in Western Europe, bar one in Australia.
Our blog will allow you to keep abreast of all the latest regional developments and trends as we share with you a selection of our latest economic analysis and forecasts. To provide you with the most insightful and incisive reports we combine our global expertise in forecasting and analysis with the local knowledge of our team of economists.
Global construction activity has continued to stagnate over 2024 as the impact of high construction costs, policy tightening by central banks, and the real estate downturn in China offset the activity gains from infrastructure stimulus.
The passing of the previously delayed Housing Australia Future Fund (HAFF) means that all the Albanese government’s announced housing policies are now in place. These policies represent a minimum funding pool of $5.5 billion stretching to the end of the decade, potentially lifting as high as $10 billion if all targets are met and excess fund returns achieved.
Many major economies have committed to becoming Net Zero by 2050, but few appear to have a coherent plan to fully decarbonise its construction sector.
Digitalisation and modern methods of construction will support the decarbonisation of infrastructure and built assets.
Reforms to the UK’s fiscal framework would help put the public finances on a more sustainable path and provide a better platform for a much-needed strategy to improve the economy’s supply side, in our view.
Alternative data are a promising area of economic forecasting and analysis. They address some of the key shortcomings of the standard aggregate macroeconomic data, including relatively low frequency and lagging releases.
Monetary policy is at a critical juncture. After decades of low and stable inflation, the seismic supply adverse shocks and robust demand of recent years have jolted inflation expectations.
Digitalisation is enabling a manufacturing-led approach to buildings and infrastructure—we must embrace it to deliver a net zero future.
New research by Oxford Economics suggests that construction materials prices have shifted permanently higher due to the shocks of the past couple of years. Project managers and investors should anticipate costs being at least 15-20% higher in 2024 and onwards than in 2021.
A global forecast for the construction industry to 2037.
Changing weather patterns and frequent natural disasters have increased environmental concerns. As a result, mitigation, adaptation, and regulatory reporting have become a major priority for policymakers and business leaders.
The government’s announcement that the country’s oil output will be reduced by 0.5 mn b/d in March is not a surprise.
The earlier and faster than expected ending of zero-Covid restrictions in China bodes well for the global economy and adds to the recent run of positive news.
You may be interested in Global Travel Service Detailed travel and tourism market trends and forecasts for 185 countries globally. Find Out More → International State Travel Travel data covering international visits and nights by source country to the 50 states of the USA. Find Out More → Air Passenger Forecasts Passenger forecasts for the … Read more
Since the pandemic, our view of the medium-term outlook has shifted to become more pessimistic on inflation and equity market returns while maintaining our overall thesis that the world economy will eventually be characterised by low growth and low inflation once again.
Bengaluru’s and Hyderabad’s economies will most likely continue to outperform their Asia Pacific
and Indian peers in terms of growth in 2023.
Global travel will show resilience in the face of the approaching economic downturn signalled by the pace of forward bookings and positive survey data. A continuing recovery in business travel, as well as some remaining built-up savings and pent-up demand, will support the ongoing travel recovery.
Blog|11 November 2022 Construction industry leaders tackle stagnant productivity Graham Robinson Global Infrastructure and Construction Lead Historically, the UK construction industry has a reputation for a lack of transparency and trust. In order to combat this, we have joined some of the UK’s leading developers, contractors, architects, engineers, professional services providers and suppliers within the … Read more
