Global Industry Services
Highlights
Manufacturing ends 2009 on a strong note
The latest set of industrial production data point to industrial activity ending 2009 in as buoyant a condition as it has been at anytime since the onset of recession.
Forward looking indicators also suggest a pick up in pace - the purchasing mangers’ surveys for economies were up again in December and in most cases are now well above 50, suggesting that output is expanding. Moreover it also seems that the manufacturing upturn is broadening out. In the third quarter of 2009, while output rose in many economies it seemed that the rise was dominated by a small number of industries, in particular motor vehicles and basic metals. More recently the fourth quarter data show that other industries such as engineering, electronics and chemicals are also picking up. Moreover, evidence of rising orders suggests the upturn may be about more than just inventories. It would still, however, be wrong to downplay the potential risks to the rebound as it is still far from clear that the pick up in final demand is robust enough to power the upturn when the kick from inventories fades. However, at the very least it does now seem sensible to talk about the upside risks to current forecast numbers.
1 February 2010
GLOBAL CONSTRUCTION 2020
Global Construction 2020 is a report about the outlook for the global construction industry to 2020 that has been jointly prepared by Oxford Economics and Global Construction Perspectives. It provides ten-year forecasts of growth in 35 key construction markets globally and gives forecasts for the global construction market, key regional markets and for key sectors such as infrastructure construction, residential and non-residential building construction.
The forecasts and report have been sponsored by four of the world's largest global construction and building materials corporations - Cemex, Holcim, Lafarge and Orascom Construction Industries.
Further details including the number of different ways in which the report and forecasts can be purchased can be found at: www.globalconstruction2020.com
13 November 2009
By-Country Industry Forecast Service
We publish on-line reports providing detailed forecasts for prospects in over 80 industrial sectors across 60 different countries. This service provides:
- Forecasts for output growth on an annual basis over the next 10 years for over 80 sectors
- Charts and tables highlighting key industrial output trends, past and future
- Access to our Sectoral Forecast Databank, offering historical data and ten-year forecasts to download for your own analysis and reports
- Forecasts derived from our highly-disciplined forecasting process using our Global Industrial Model
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