Executive Summary: The US Construction sector is performing reasonably well at this time, despite global turbulence. However, with inflation remaining high at + 7% and fuel/energy and household goods increasing, plus an impending recession a month or two away, the 1st Q of 2023 does not look good for the US construction sector. Unfortunately, US […]
Executive Summary: The recent major damage/leaks and disruption of the Nord Stream gas pipeline under the Baltic Sea have amplified fears of major natural gas shortages in Europe. Was this sabotage and if so, who was responsible for this? This will increase problems for European industry, especially in Germany and its citizens with the cold […]
The global construction industry faces several severe risks and challenges as we move into the 2nd half of 2022. Executive Summary: The global construction industry faces several severe risks and challenges as we move into the 2nd half of 2022. The major concerns that the Global Construction industry faces are: Supply chain issues/interruptions that cause […]
Compass International – The Global Construction Newsletter for October to December 2021: Executive Summary: The outlook for the Global Construction sector continues to be encouraging over the next five years, assuming the worst of the COVID pandemic is behind us. Close to a year and half of dealing with COVID-19 has been a major challenge […]
The Global Construction Newsletter for July to September 2021 Executive Summary: Close to a year and half of dealing with COVID-19 has been a major challenge to all construction related organizations around the world. COVID-19 has seen close to 170 million confirmed cases & close to 3 million deaths around the world. (Could be 7 […]
Executive Summary: COVID-19 has seen more than 150 million confirmed cases & close to 3 million deaths around the world, with more than half a million deaths in USA. The pandemic has slammed the brakes on future economic / construction related growth for possibly the next 6 to 18 months in many countries. The current […]
Executive Summary: The good news is that a number of successful vaccines have been approved, millions of inoculations are planned to take place in 2021. It could take the best part of six months to a year until a substantial number of jabs are accomplished in the US & worldwide. The once in a lifetime […]
Choose Your Region So far, 2020 has been an extremely damaging year for the Global Construction sector. Cancelled & delayed projects, thousands of construction professionals & workers have lost their jobs, unfortunately this disruption / slowdown will continue well into 2021. That being said, the COVID-19 outlook is still somewhat negative as we move […]
Choose Your Region [SUPER-INTERACTIVE-MAP ID=2] Executive Summary What a difference 3 months makes!!! The world economy & construction sector is in its most unstable place since the Great Depression of the 1930’s. International growth has been slowing down for the past 18 months, COVID-19 has slammed on the brakes of future growth for at […]
What a difference a month makes!!! The Coronavirus Pandemic has forced the world economies in more than 150 countries into a total lockdown situation. Construction, airlines, restaurants, hotels, international tourism & the cruise industry have just about ceased activities or are operating on a restricted basis. Thousands of people have been laid off or are […]
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