Transcription of Global Construction Outlook - IHS Markit
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Global Construction Outlook - IHS Markit
Global Construction Outlook Scott Hazelton Director of Construction Services Global Shock Waves The double-shock world economy . subprime crisis plus record-high oil prices Crisis status we are not out of the woods yet Global transmission of crisis no de-coupling Crisis management shifting into high gear Global inflation how big of a threat? Weaker growth in the developed economies . Means that emerging markets will eventually slow as well The risks are predominantly on the downside Copyright 2008 Global Insight, Inc.
• Powerhouse of global growth: 2002–06 average growth 7.0%; 8.0% in 2007 (excl. Japan) • BOP positions have strengthened, debt …
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