"United States Infrastructure Report Q4 2014" is now available at Fast Market Research
New Construction research report from Business Monitor International is now available from Fast Market Research
[USPRwire, Wed Nov 12 2014] We have upgraded our 2014 and 2015 outlook for US construction sector growth to 3.0% and 1.5% respectively , but maintain our view the recovery will trend lower as the residential construction industry normalises. The potential for any major ramp - up in infrastructure investment remains unlikely in the current political climate, but any improvement here would present upside to our five - year growth outlook.
Key Developments
* The residential construction sector continues to expand. As expected, data has been and will continue to be mixed. However, overall the trend is for continued recovery in the sector. Housing starts, homebuilder confidence and permits are all trending higher, although starts have struggled to sustain levels above the 1mn mark. While the sector has come a long way since 2011, there is considerable room for further expansion and we have upgraded our 2014 growth rate based in part on continued strength in housing construction. Housing starts remain considerably below the peak of 2,273,000 in January 2006, and we are beginning to see a decline in sales inventory of existing homes, indicating demand and supply are being rebalanced. Consequently, we forecast residential construction to continue to positively contribute to the overall construction industry value.
* Power and transmission infrastructure industry value will stabilise in 2014 following a steep drop in investment in 2013 resulting from the expiration of broad-based tax incentives for renewable projects. We see some potential for value creation over the medium term from retrofitting and safety upgrades to nuclear power plants, a new fleet of natural gas power plants as old coal plants are retired, as well as major transmission projects to hook up new renewable supply. However, much will depend on the longer-term ability to implement new legislation guiding existing coal-fired power plants, announced in June 2014, which indicates a significant portion of existing...
The United States Infrastructure Report features Business Monitor International (BMI)'s market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.
BMI's United States Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the American infrastructure and construction industry.
Key Benefits
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
You may also be interested in these related reports:
