2014-01-24 22:51:28 - New Construction research report from Business Monitor International is now available from Fast Market Research
Our estimates for a contraction in France's construction sector in 2013 have been reinforced by official data reporting negative growth of 2.7% in the first nine months of the year. The industry has been contracting consecutively since 2008 and we believe that the recession has continued in 2013 as a result of a week macroeconomic recovery. Our Country Risk team estimates 0% GDP growth for 2013 and a slight recovery at 0.5% real growth in 2014. On that basis, we are also more optimistic towards 2014, when we expect the construction industry to return to low but positive growth at 0.5% in real terms supported by the development of transport infrastructure projects. www.fastmr.com/prod/759998_france_infrastructure_report_q1_2014. ..
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