Scenario for 2013—2014 in Europe and the USA
Analysis of the situation in construction spending for the nearest year in European countries and US is given in the overview. Two types of scenarios are suggested for Europe and the core one is expecting lower demand in construction of around 3% in 2013 but stabilization at a modest level in 2014. In terms of construction spending in US the forecasts are the following: +1,1% in 2013 and +6,4% in 2014. The growth will be driven primarily by housing and nonresidential building.| Author: J.-Ch. Lefèvre-Moulenq |
| Section: Review |
| Keywords: construction, housing, cement demand |
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