Report Published: "United States Infrastructure Report Q1 2013"
BMI View: Q4 2012 data is underlining our view that the US construction industry is experiencing growth for the first time in seven years. Whilst momentum is strong going into 2013, we believe that in the second half of 2013 base effects will precipitate a natural slowing in growth, leaving 2013 real growth lower than 2012. Residential construction will remain the main driver of the overall construction sector as nonresidential experiences mixed fortunes and infrastructure only flat growth. In the...
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