Articles by Scott Hazelton

A new government and continued recovery from Covid could see growth in construction, writes Scott Hazelton

There is a downbeat outlook for Europe this year and next, but (weak) growth should return in 2014 and beyond.

Construction growth in Latin America will slow in 2012, but over the coming years infrastructure investment will give it the best prospects of any region in the world. Scott Hazelton reports.

The European construction industry is limping out of recession, but the debt crisis in the Eurozone and the need for austerity packages across the region will keep the growth rate well below the global average for the next decade.

Rising global commodity prices are helping to drive economic growth and construction investment in Latin America, despite economic mismanagement in some countries.

Investment in residential, non-residential and infrastructure projects, combined with reconstruction work in Japan will cement the Asia-Pacific region’s place as the fastest growing construction market in the world.

Civil unrest and pro-democracy demonstrations across the Middle East will disrupt construction in the short term, but long-term prospects for the region remain strong.

China’s latest five-year plan could mean more moderate construction growth in the future, but the market will remain strong. Scott Hazelton of IHS Global Insight reports.

US construction output should turn a corner this year with growth in key sectors, but it will be 2012 before the recovery is fully fledged. Scott Hazelton of IHS Global Insight reports.

India’s construction growth will outshine Brazil and even China over the next five years, with opportunities across all sectors of the industry. Scott Hazelton of IHS Global Insight reports.

The US construction market has truly been bipolar. The housing market has been in recession for two years, while the nonresidential segment has enjoyed robust growth, says Scott Hazelton of Global Insight.