Global Construction Service
Global construction forecasts and sector intelligence for strategic planning, benchmarking, and risk assessment
Overview
Construction markets are increasingly being shaped by macroeconomic volatility, shifting policy priorities, and long-term structural forces such as urbanisation, the energy transition, and demographic change. Navigating these dynamics with confidence requires verified data, rigorous forecasting, and deep sector expertise.
The Global Construction Service delivers all three: covering 70 key markets across regional, national, and subnational levels and representing over 90% of total global construction activity, all within a single, consistent analytical framework.
Key features
Our Global Construction Service is designed to support a range of strategic decisions. Here is how the different capabilities work together.
Global construction databank
Historical data and 15-year forecasts for construction, updated on a quarterly basis.
Power BI dashboard
Intuitive dashboard enabling you to navigate key construction indicators and forecasts visually through charts, graphics, and maps.
Up-to-date insights and economist support
Written analysis on critical industry trends. A team of over 20 subject matter experts available to answer questions about our forecasts and analysis.
Comprehensive coverage
Our forecasts span 70 key construction markets across the globe, covering total construction output, residential, non-residential, and civil engineering subsectors. This breadth delivers reliable and comparable analysis across regions.
Energy and climate analysis
Track how climate transition risks and energy costs affect construction outputs and costs across regions, supporting regulatory climate stress testing and long-term planning.
Flexible delivery
Access the databank through a secure online platform. Results can be exported via Excel plug-in or APIs to integrate with your existing workflows, supporting automated modelling and data analysis.
Project tracking and pipeline intelligence
Monitor construction activity across more than 200 countries and 70+ market segments from build-to-rent and data centres to solar power and defence so you can identify emerging opportunities, track competitor activity, and validate your forecast assumptions against real project data.
Sectors covered
Residential
Single and multi-family dwellings
Non-residential
Commercial, industrial, social, and other
Civil engineering
Roads, other transportation, utilities, and other civil engineering
Why Oxford Economics?
By combining high-level economic forecasts with on-the-ground industry insights, we help you build a comprehensive, accurate understanding of the construction markets and sectors you operate in.
Proprietary forecasts
Oxford Economics provides ‘work done value’ forecasts for the construction industry, measuring the total money paid for construction work. Our proprietary metric enables businesses to best capture real world developments.
Unique expertise
Oxford Economics combines high-level economic forecasts with on-the-ground industry insights to paint a more accurate and holistic picture of the construction industry, covering residential, non-residential, and civil engineering sectors.
A real industry leader
With over four decades of experience in forecasting construction activities. Backed by years of industry experience, our expert team goes beyond simple data analysis, adding depth and nuance to our construction sector forecasts.
Benefits
The Global Construction Service is fully integrated with Oxford Economics’ Global Economic Model, ensuring that construction forecasts remain consistent with our underlying economic and climate assumptions.
- Ensure regulatory compliance. Assess transition and physical risks across construction portfolios while conducting stress tests and climate scenario reporting aligned with regulatory requirements.
- Gain robust market insights. Evaluate construction output and sector performance under multiple scenarios in a structured way to inform investment and portfolio decisions across 70 key markets.
- Mitigate risks proactively. Run bespoke ‘what if’ scenarios and quantify how different macroeconomic, policy, or structural changes could affect construction activity in your markets of interest.
- Capture the latest developments. Ensure all scenarios and forecasts reflect current conditions by integrating the latest production data, macro trends, and construction market updates, capturing how shocks reverberate across sectors and countries.
- Work efficiently with intuitive tools. Use our easy-to-navigate software to build scenarios, export data, and visualise results as charts, heatmaps, and Power BI dashboards. Designed to deliver fast, actionable insights.
- Stay connected to the project pipeline. Track real construction activity across 200+ countries and 70+ market segments with monthly updates and city-level visibility so your strategic decisions are grounded in what is actually being built, not forecasts alone.
What’s included?
Construction forecasts tell you where markets are heading. Project tracking gives you the ground-level evidence to validate those signals and monitor how activity is evolving across sectors and regions in near real time.
Global construction data and forecasts
Our forecasts are underpinned by Oxford Economics’ Global Economic Model, ensuring they consistently reflect the broader macroeconomic and demographic environment, including the investment cycles, interest rates, government budget positions, population growth, cost escalation, and employment trends that shape construction activity.
- Updated quarterly
- 15 years out
- 70 key construction markets
- Regional, national, and subnational
- 90%+ of global construction activity
- Residential, non-residential, and civil engineering
- Quarterly updates: The service is refreshed every quarter, drawing on our baseline macroeconomic forecasts for the global economies.
- Construction forecasts: We provide 15-year forecasts covering 70 key construction markets with full historical data.
- Granular forecasts: Historical data and 15-year forecasts for each subsector by construction type, for both publicly and privately funded activity.
- Geographic coverage: Our database spans 70 key markets on regional, national, and subnational levels, representing over 90% of global construction activity.
- Detailed segmentation: Forecasts available by construction type: residential (single and multi-family), non-residential (commercial, industrial, and social), and civil engineering (roads, transportation, and utilities).
Global construction reports and analysis
Our construction economists deliver independent analysis to help you navigate the evolving global construction landscape and make informed, data-driven decisions.
- Global Construction Outlook: A quarterly report highlighting key forecast narratives and changes to the outlook.
- Country Reports: Country and regional-level updates in a concise, standardised format.
- Research Briefings: Thematic analysis on key trends shaping construction markets, from demographics and AI to construction costs and climate transition risk.
- Quarterly Chartbook: A visual executive summary of key forecasts, highlighting macroeconomic drivers, regional shifts, and sectoral performance.
- Quarterly updates and chartbook: The service is refreshed quarterly, combining Oxford Economics’ award-winning global macroeconomic and industry forecasts. Each update is accompanied by a chartbook, offering a clear, visual summary of key construction trends and forecast highlights.
- Construction—overview: Sample quarterly chartbook and report covering global construction trends, forecast highlights, and regional analysis.
- Advanced analytical tools: Our web-based databank empowers users to build custom queries and access data in multiple formats, underpinned by detailed macroeconomic assumptions and both real and nominal construction values.
Platform and tools
Our Global Construction platform makes it easy to access, analyse, and apply industry-leading forecasts directly into your planning and reporting workflows.
- APIs
- Datafeed
- Excel plug-in
- Power BI dashboards
- Web-based databank
- Databank access: Our web-based databank allows you to build custom queries and download data in multiple formats, underpinned by consistent macroeconomic assumptions and detailed real and nominal construction values.
- Interactive dashboards: Through our Power BI dashboards, users can visualise trends, compare countries and sectors, and monitor key indicators in just a few clicks, helping identify growth hotspots and evolving market dynamics.
- Webinars and insights: Regular, globally focused webinars that explore the major themes shaping the construction landscape, from infrastructure investment and housing demand to supply chain challenges and cost pressures.
- Research resources: Our research portal and AI Assistant help you navigate analysis efficiently, extract narratives, and integrate key insights into your reports and presentations.
- Expert support: Our global team of over 20 subject matter experts provides direct access to timely guidance and tailored insights from our forecasts and data.
Global construction project tracking
Construction forecasts tell you where markets are heading. Project tracking gives you the ground-level evidence to validate those signals and monitor how activity is evolving across sectors and regions in near real time.
- 200+ markets covered
- National, state/provide, and cities
- Monthly refresh
- Economist support included
- Over 70 segments of the construction market
- Embedded visualisation dashboard
- Online database to easily search and extract data
- Market activity monitoring: Track construction projects across more than 200 countries to identify new opportunities and relationships.
- Subsector-level tracking: Identify projects across more than 70 segments of the market, including build-to-rent, data centers, solar power, and defence.
- City-level tracking: Understand where construction is happening across countries by identifying active projects in each city and state.
- Monthly refresh: Data updated each month, ensuring you have access to the latest project announcements.
- Power BI visualisation: Geographic dashboards let you map activity, identify hotspots, and compare market momentum across countries and regions at a glance.
- Online database: Search and filter projects, and download the information you need directly to csv.
- Economist support: Expert context from our team of over 20 construction economists, ready to interpret activity trends and what they mean for your markets.
Latest insights
Testimonials
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For Transwestern’s asset services, investment management and development businesses, we depend on economic inputs and editorial content that are rational and insightful to inform our decisions. Oxford Economics delivers.
CMHC’s Stress Testing and ORSA team has started this year using Oxford Economics for the purpose of Stress-Testing. Our experience has been very positive. The software is sound, intuitive and user friendly. But most of all, it allows the user to understand the links between the variables and for a certain degree of customization. Without naming the tool that CMCH used prior to this year, it goes without saying the OE represents a significant upgrade over the previous tool. Further, we have also contracted OE to help us design Stress-Test scenarios. The support we have received from the team was excellent, especially during the early days of the COVID19 Pandemic. Alex, Zach, Tim, and the rest of the team, really went above and beyond to help us meet our corporate objectives.
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