Construction in Australia - Key Trends and Opportunities by State and Territory to 2020
Description- Synopsis Construction activity in Australia was weak in 2015, mainly reflecting the downturn in the mining sector. The countrys construction industry contracted by 4.0% in real terms that year and output value measured at constant 2010 US dollar exchange rates fell from US$190.6 billion in 2014 to US$182.9 billion in 2015. Over the forecast period (20162020), the industry is expected to remain sluggish, owing to weakness in the industrial sector (which includes mining-related construction works). However, there will be a pick up in infrastructure investment, which will contribute to positive annual growth towards the end of the forecast period. To Browse a Report Detail with TOC @ http://www.researchmoz.us/construction-in-australia-key-trends-and-opportunities-by-state-and-territory-to-2020-report.html In real terms, the industry is expected to register a compound annual growth rate (CAGR) of -1.55% over the forecast period, down from 2.65% dur